SINGAPORE — Singapore Airlines (SIA) has warned that escalating trade tensions and broader global uncertainties pose risks to travel and cargo demand in the year ahead, following a record net profit for the fiscal year ended March.
Speaking at an earnings briefing on Friday, CEO Goh Choon Phong pointed to U.S. tariff disputes as a new area of concern. These developments, the company said, may erode consumer and business confidence, “potentially impacting both passenger and cargo markets.”
