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of <h1>Singapore Airlines Soars to Record $2.8B Profit, Leveraging Strategic Air India-Vistara Merger and Market Expansion</h1> Singapore Airlines Group reported a record net profit of 2.8 billion Singapore dollars for the fiscal year, driven by a one-time non-cash accounting gain from the Air India-Vistara merger. The group now holds a 25.1% stake in Air India, enabling direct participation in the expanding Indian aviation market. Total revenue increased to 19.540 billion Singapore dollars, with the merger contributing 1.1 billion dollars to the profit.
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