SIA Group sees 69% 1H profit decline and market headwinds

Singapore Airlines (SIA) Group reported a 68.9% decrease in net profit to S$196 million ($141.9 million) for the six months ending Sept. 30 compared to the year-ago period, as revenue gains could not offset rising fuel costs. Overall revenue for the period—the group’s fiscal first half—increased 2.5...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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