Singapore Airlines 777-200. Courtesy, SIA Singapore Airlines Group (SIA) reported net income of S$336 million ($269.5 million) for its fiscal year ended March 31, a 69% drop from a S$1.09 billion net profit in the prior year. It also sunk to a fiscal fourth-quarter net deficit of S$38.2 million, reversed from a S$171 million profit in the 2011 March quarter. “High fuel prices and an uncertain global economy weighed heavily” on the results, SIA said in a ...

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