Air Transport World

SIA Group.(Brief Article)

Asia/Pacific report SIA Group reported flat profits of S$ 1 billion ($597 million) for its fiscal year ended March 31 as lower results at the airline were offset by higher profits at other subsidiaries and aircraft sales. Total group revenue rose 0.9% to S$7.8 billion while expenditure rose 3.2%, resulting in a 14.4% drop in operating profit to S$854.4 million.

At the airline level, revenues rose 1.5% to S$7.l billion while expenses climbed 5% to S$6.5 billion. …

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