Singapore Airlines (SIA) reported a healthy profit for the three months through June 30, a welcome return to the black after posting a loss in the March quarter. The SIA Group achieved a net profit of S$235 million ($173 million) for the June quarter, its fiscal first period. This was down S$22 million year-on-year, although last year’s numbers benefited from the sale of a stake in Hong Kong Aero Engine Services. SIA reported a net loss of S$138 million for the fiscal fourth quarter ...

Subscribe to Access this Entire Article

"SIA Group reports $173 million net profit in June quarter" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.