Singapore Airlines returns to profit as Asia travel surges

Carrier warns of inflation, as it and city-state prepare for more visitors

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Singapore Airlines will restore its India operations to pre-pandemic levels, while adding more flights to Japanese cities such as Tokyo and Osaka. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore Airlines returned to profit for the three months ended June, helped by a sharp revival in travel demand after regional economies reopen their borders as COVID comes under control. 

The city-state's flagship carrier on Thursday reported a net profit of 370 million Singaporean dollars ($268 million) for the April-June period, recovering from a S$409 million loss it posted the same period a year ago. Sales tripled to S$3.91 billion in the quarter from a year ago.

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