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Singapore Airlines stays profitable despite downturn
Singapore - A "strong result" nonetheless given the environment
Sia Group, parent of Singapore Airlines and Sia Cargo, earned SGD 631.7m (EUR 382.4m at current exchange rate) after tax in the fiscal year ended March 31, down 61.1% compared to SGD 1.62bn (EUR 980.6m) earned in the previous year but a strong result nonetheless given the environment. Group revenues fell 5.1%, while operating expenses dipped 1.6%, resulting in an operating profit of SGD 983m (EUR...
AVIONEWS - World Aeronautical Press Agency - 28466
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency