Higher Fuel Prices Dent Singapore Airlines Group Profits
Credit: Rob Finlayson
Singapore Airlines (SIA) Group reported a significant dip in profits for the six months through Sept. 30, as stronger revenue could not offset rapidly rising fuel costs. The carrier’s net profit for the period—its fiscal 2018/2019 first half—declined 68.9% year-over-year (YOY) to S$196 million ($143...
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