Air Transport World

Singapore airlines.(ASIA/PACIFIC Report)

Singapore Airlines parent SIA Group reported a net profit of S$2.05 billion ($1.5 billion) for its fiscal year ended March 31, down 3.8% from S$2.13 billion earned in the prior year, but noted that the 2007 results benefited from "one-off gains totaling S$421 million from the sale of non-core assets and a writeback of deferred tax provision of S$247 million. …

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