Net profits for Singapore Airlines parent SIA Group fell 71.4% year-over-year during its fiscal-first-quarter ended June 30. The company reported a first-quarter net profit of SGD35 million ($28 million), down SGD87 million from the year-ago-quarter. SIA Group’s first-quarter revenue fell 4.1% year-over-year to SGD3.7 billion. Operating expenses fell 3.1% year-over-year to SGD3.6 billion, resulting in an operating profit for the quarter of SGD39.5 million, down 51.7% ...

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