Singapore Airlines Group 1Q net profit falls 71%

Credit: By Rob Finlayson
Net profits for Singapore Airlines parent SIA Group fell 71.4% year-over-year during its fiscal-first-quarter ended June 30. The company reported a first-quarter net profit of SGD35 million ($28 million), down SGD87 million from the year-ago-quarter. SIA Group’s first-quarter revenue fell 4.1% year...

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