SIA Group 1Q net profit down 57% on rising fuel costs

Credit: Airbus
Singapore Airlines (SIA) Group has reported a net profit of S$149 million ($109.3 million) for the June quarter in its fiscal first period, down 57% year-over-year (YOY) from net profit of $346.5 million in the year-ago period. SIA Group earned S$193 million in operating profit. Year-over-year...

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