Singapore Airlines (SIA) Group reported a net profit of S$105 million ($76.8 million) for 3Q FY18/19, down 27% year -over-year (YOY) on rising expenditure and fuel costs. The group’s operating profit fell 14.5% to S$388 million. However, SIA said revenue rose S$265 million to S44.4 billion because of momentum from its transformation program plans; passenger demand was up 7.7%.  The group cited higher net fuel costs, which was up 22%, for the reduced ...

Subscribe to Access this Entire Article

"SIA Group 3Q net profit falls 27% on increased fuel costs " 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?

Already registered? here.