Air Transport World

Singapore Airlines Group.(Asia/Pacific Report)(Brief Article)

Singapore Airlines Group earned S$475.6 million ($290.8 million) in the fiscal third quarter ended Dec. 31, up 25.9% over net income of S$377.9 million in the prior-year period. The gain was attributable to sales of aircraft and investments, however, as operating profit actually fell 10.4% to S$423.8 million from S$473.2 million primarily owing to higher fuel costs and employee profit sharing bonuses that boosted operating expenses 21. …

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