The Singapore based legacy carrier has announced net profits of $216 million for the last financial year, that ended on 31st March 2010.
The low cost subsidiary carrier owned by Singapore Airlines, SilkAIr, also announced a profit of $31 million. This is a near doubling of the operator's profits from of $17 million the year before.
Singapore Airlines recovered from a poor first half of the year, during which their losses reached $466 million. Rising premium travelers impact the airlines revenues from October 2009 onwards.