Singapore Airlines Group annual net profit down 55%

Credit: Rob Finlayson
Singapore Airlines Group (SIA) reported a FY2016-17 net profit of S$360 million ($259 million) for the fiscal year through March 31, down 55% from S$804.4 million in the previous year. SIA attributed the loss in part to the fourth-quarter net loss of S$138 million, reversed from a net profit of S...

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