SINAPORE — Singapore Airlines is suspending its flights between Vancouver and Singapore.

The carrier says the route, initially launched as a seasonal service, will be suspended effective October 2023.

It says the suspension of the YVR-SIN flights is a necessary move as the company “adjusts its capacity in response to demand.”

While the future of the YVR-SIN route is up in the air, SIA Group is reporting strong third quarter earnings, including the company’s highest-ever quarterly operating profit, nine-month operating and net profits.

The company posted an operating profit of US$755 million for the third quarter, up $77 million (+11.4%) from the previous quarter.

SIA Group also reported record passenger load factors on robust demand across the network, and strong momentum in forward passenger sales for the fourth quarter.

Passenger capacity reached 80% of pre-Covid-191 levels in December 2022, higher than the average of 51% for the Asia-Pacific region. SIA and its regional low-cost carrier Scoot carried 7.4 million passengers in the third quarter, up 17% from the second quarter. The Group carried 18.8 million passengers during the nine months ended Dec. 31, 2022, up nine-fold from a year before. Meanwhile passenger load factors improved 0.8 percentage points to 87.4%, the highest for any quarter, on the back of record load factors for both SIA (87.3%) and Scoot (87.8%).