Singapore Airlines reported net income of S$215.8 million ($337.4 million) for its fiscal year ended March 31, a 79.7% drop from a S$1.06 billion profit in the prior year that nevertheless marked a recovery from a net loss of S$466 million recorded in the first half of FY2009-10. SIA said passenger and cargo demand rebounded strongly in its fiscal year's second half. FY2009-10 revenue lowered 20.6% year-over-year to S$12.71 billion while expenses dropped 16.2% to S$12.64 billion, ...

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