Singapore Airlines 3Q profits down 65% on exceptional items

Credit: Singapore Airlines A380
Singapore Airlines parent SIA Group reported a net profit of SGD50 million ($39 million) for the quarter ended Dec. 31, 2013, down 65% from SGD142.5 million during the same period the previous year. SIA said this third-quarter downturn was largely due to exceptional items, including an impairment...

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