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SIA: high fuel costs hit first quarter results Group financial performance
Milan, Italy - The operating fleet comprised 106 aircraft
The Group’s performance for the first quarter of the 2011-12 financial year was impacted by high fuel costs, resulting in 82% drop in net profit attributable to equity holders to $45 million, compared to $253 million in the same quarter a year ago. Group revenue at $3,578 million grew 3% (+$112 million) on account of higher passenger carriage, despite weak travel demand to Japan over nuclear radiation c...
fra/pec - 1132432
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency