The Singapore Airline Group on Thursday reported a record net profit of $2.8 billion for FY25, largely driven by a one-off non-cash accounting gain of $1.1 billion from the Air India-Vistara merger.

India’s economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported ...

Much of the profit was driven by a one-time $1.1 billion gain from the Vistara-Air India merger, giving SIA a 25.1 per cent stake in the expanded Indian airline. Despite the strong net result, ...

The boost in net profit was attributed to the one-off non-cash accounting gain of $1.1 billion from the Air India-Vistara merger completed in November 2024 that resulted in SIA having a 25.1 ...

This is a comprehensive Flight Review of Vistara, covering the Business and Economy Class experience on the route from Colombo (CMB) to Delhi (DEL) via Mumbai (BOM) aboard an Airbus A320neo.

Giving a summary of the company’s financial statement, a SIA press release said that the SGD 2.8 billion net profit was “boosted by the one-off non-cash accounting gain of SGD 1.1 billion from the Air ...

Another factor that contributed to SIA's record net profit was a S$1.098 billion non-cash accounting gain following the completion of the merger between Air India and Vistara in November 2024.

The healthy net profit was largely thanks to a one-off non-cash accounting gain of $1.1 billion from the Air India-Vistara merger. Including the interim payout of 10 cents per share disbursed on ...

SINGAPORE: Singapore Airlines (SIA) reported a record annual net profit on Thursday (May 15), boosted by a one-off gain from the merger of Air India and Vistara, but lower air fares in response to ...

CHANGI — Singapore Airlines Group (SIA) recorded its all-time-high net profit for FY2024/25, aided substantially by a one-time non-cash accounting benefit from the Air India-Vistara merger. The Changi ...

The sleek new electric sedan is off to a hot start. Nissan announced its new N7 EV set a new record in China on Thursday, with over 10,000 orders in just 18 days. Nissan N7 EV off to a record ...