The Singapore Airlines Group has reported a 2016-17 first-quarter net profit of S$256.6 million ($190 million), nearly tripled from a S$91.2 million net profit in the year-ago period ended June 2015. The result was partially driven by a 4.4% drop in Group expenditure to S$3.46 billion for the 1Q 2016 period. However, the carrier warned that “the business outlook remains challenging amid economic weaknesses and geopolitical concerns in some markets.” It also said that ...

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