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Profit decrease for Singapore Airlines
Singapore, Republic of Singapore - The negative result is due to the constant raise of fuel cost
![](https://avionews.it/resources/big/d196002159a14ad23f510854008a9061.jpg.webp)
Because of the costant raise of fuel cost Singapore Airlines (SIA) for the 5th consecutive quarter registered a decrease of the profits. SIA spent in the first three months of the 2006 USD 714 million for its 90 aircraft’s fuel, less 7.1% in the profits (USD 169.8 million), and this one despite an increase of the turnover of the 12%. In the last year fuel cost increased of the 57.5%. Despite the n...
AVIONEWS - World Aeronautical Press Agency - 140587
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency