SIA's third-quarter profit falls 43% on hedges, declining demand
Massive fuel hedging losses and falling revenue resulted in a 43% drop in fiscal third-quarter profit at Singapore Airlines Group, to S$337.2 million ($225.5 million) from the S$590 million earned in the three months ended Dec. 31, 2007. Revenue fell 2.6% year-over-year to $4.16 billion while a S...
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