Peer Review: Combined revenues of USD4.8bn, net profit of USD67m for SIA, MAS and Thai Airways

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Singapore Airlines, Malaysia Airlines and Thai Airways reported mixed financial results in the three months ended Jun-2010, with combined revenues of USD4.8 billion and a combined net profit of USD66.5 million, for a collective net profit margin of 1.4%. Malaysia Airlines dragged the result down in the quarter, with a net loss of USD168 million, while SIA Group and Thai Airways were profitable in the period, with handsome net profits of USD186 million and USD49 million, respectively.

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