Singapore Airlines (SIA) Group reported a 68.9% decrease in net profit to S$196 million ($141.9 million) for the six months ending Sept. 30 compared to the year-ago period, as revenue gains could not offset rising fuel costs. Overall revenue for the period—the group’s fiscal first half—increased 2.5% year-over-year (YOY) to S$7.9 billion. But net fuel costs rose 20.4%, with a ...

Subscribe to Access this Entire Article

"SIA Group sees 69% 1H profit decline and market headwinds" 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? Log in here.