SIA Achieves Sharp Rise In Profit Despite Fuel Costs

Amidst escalating fuel prices, Singapore Airlines (SIA) posted a S$616 million net profit (US$370 million) for the first six months ended Sept. 30, a significant turnaround from the S$7 million recorded in the same period last year. Revenue jumped 38.5% to S$1.61 billion (US$967 million). Expenses...

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