Singapore Airlines Ltd. reported record annual profit for the year ended March and said forward sales are healthy across all cabin classes, led by bookings to China, Japan and South Korea.

Net income for the group, which includes budget arm Scoot, totaled S$2.16 billion ($1.62 billion) as people embraced flying again after Covid. It posted a loss of S$962 million the previous year. Revenue was S$17.78 billion, up from S$7.6 billion.

The airline said it could ramp up operations at short notice when demand for air travel surged after Singapore fully reopened its borders in April 2022 and restrictions eased globally. “Demand for air travel remains robust in the first quarter,” it said in a statement to the stock exchange Tuesday.