Airline

Singapore Airlines posts 47.% profits plunge

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Singapore Airlines posts 47.% profits plunge

Singapore Airlines net profit for the financial year ending March 31, 2019 has plummeted by 47.5% to S$683 million, from S$1,301.6 million a year earlier. The airline has blamed higher fuel prices and costs incurred in preparation for its regional arm SilkAir’s merger with the parent airline. The...

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