To be honest, I’ve never really had a lot of experience flying with full service carriers (FSC) like Singapore Airlines.

On the few occasions I did, I really enjoyed the facilities, but I’m sure my bank account was going to kill me.

And you must be thinking why low cost carriers (LCC), a.k.a budget airlines are making more profit than their full service counterparts?

I mean their flights are constantly so expensive, so shouldn’t they be making a lot more money?

We’re about to find out more, but let’s first compare the financial statements of AirAsia Group and Singapore Airlines to get a clearer picture.

You’re not wrong to say that Singapore Airlines definitely make more money, but don’t forget, every business will have expenditure well. 

Also, a common question you’ll hear when discussing businesses is whether it’s profitable.

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