Scoot - VibeWire Magazine

Fuel Costs Cut Singapore Airlines Group 1Q Profit By 38%

In an unwelcome development, rising fuel prices have dented first-quarter profits for the Singapore Airlines Group.

Singapore Airlines had a particularly good June, helping the Group, which includes Scoot, recover to 99% of pre-COVID levels.

Scoot is the sixth and final airline to shortly commence jet flights at Kuala Lumpur Sultan Abdul Aziz Shah Airport, formerly the Subang Airport.

Singapore Airlines and Scoot have been the standout performers in Asia in the post-pandemic period and are still growing.

The Singapore Airlines Group has followed a clear strategy of being the first mover in Asia, which has paid off in record revenues and profits.

The airline said that its Embraer E190-E2s would improve connectivity to non-metro destinations.

Using SAF is starting to become a reality at Singapore Changi Airport thanks to a new deal between Neste and the Singapore Airlines Group.

Scoot’s new Embraer E190-E2 had a real adventure as it navigated its way from Brazil to its new home at Singapore Changi Airport.

Singapore Airlines and Scoot have set the benchmark for post-pandemic recovery and will only get stronger in 2024.

Singapore’s low-cost carrier Scoot received its first Embraer E190-E2 jet in Brazil and it will soon be flying regional routes in Asia-Pacific.