Asia's aviation post-Covid recovery lags despite Singapore Airlines' third-quarter net profit

Despite Singapore Airlines posting its first quarterly profit since the start of the pandemic, institutional investors remain hesitant over Asean’s travel sector, although some areas such as airports show more promise than others. The national carrier of Singapore reported a third-quarter net profit of S$85 million ($62.48 million), its first profit since the Covid-19 pandemic started two years ago. The group cited the 117.1% rise in passenger and cargo revenue as reasons for the …