Singapore Airlines expects 'intense' competition to squeeze profits

Shares drop 6% as carrier's profit almost halved in April-September period

20241111 Singapore Airlines

Singapore Airlines jetliners sit on the tarmac at Changi Airport. The carrier says competition is intensifying all over the world. © Reuters

TSUBASA SURUGA, Nikkei staff writer

SINGAPORE -- Singapore Airlines is expecting further earnings pressure, with rival carriers continuing to add more flight capacity globally after the carrier's profit almost halved in the latest earnings results.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.