Singapore Airlines boosts annual profit 12.8% but provides dim outlook

Singapore Airlines Group (SIA) earned net income of S$379 million ($303.4 million) for its 2012-2013 fiscal year ended March 31, up 12.8% over a net profit of S$336 million in the prior fiscal year. The result, while a year-over-year improvement, was well below the S$1.09 billion net profit posted...

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