Singapore Airlines reported a net profit of 64.9 million Singaporean dollars ($46.9 million) for the three months through Sept. 30, down by S$148.7 million year-on-year (YOY). The group’s operating profit dropped by 15.5% to S$109 million for the period, which was its fiscal second quarter. A S$174 million decline in costs was not enough to offset a S$194 million fall in revenue. The second quarter was generally weaker than the results for the fiscal first half. The carrier’s ...

Subscribe to Access this Entire Article

"Singapore Airlines shows weaker 2Q earnings" 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.