Singapore Airlines sees second-quarter profits slump

Singapore Airlines Ltd said its July-September profit fell 36% as fuel costs boosted expenditures. The airline warned passenger demand may drop next year.

Singapore Airlines sees second-quarter profits slump
Fri, 07 Nov, 2008 - 13:33

Singapore Airlines Ltd said its July-September profit fell 36% as fuel costs boosted expenditures. The airline warned passenger demand may drop next year.

Singapore Airlines’ net profit for the fiscal second quarter was $219m (€171m), down from the same period a year ago.

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