Airline

SIA SHARES FALL AS AIRLINE POST SLUMP IN NET INCOME

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SIA SHARES FALL AS AIRLINE POST SLUMP IN NET INCOME

Singapore Airlines has reported an 82% slump in net income to S$44.7 million ($37 million) in the three months ended June. Shares fell as much as 9.3% on the news – the most on an intraday basis since March 15. SIA’s main flying unit and its cargo business both posted operating losses owing to a...

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