Sale of its stake in Singapore Aircraft Leasing Enterprise in December 2006, combined with rising loads, helped boost Singapore Airlines Group to a S$589.2 million ($384.3 million) profit in its third fiscal quarter ended Dec. 31, a 48.6% improvement over the S$396.6 million earned in the year-ago quarter. SIA earned S$198 million on the sale of its 35.5% stake in SALE (ATWOnline, Dec. 18, 2006) and enjoyed a 6.6% rise in revenues to S$3.79 billion. The Group took a S$38 million hit on ...

Subscribe to Access this Entire Article

"SIA's third-quarter profit sails on SALE sale" 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.