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Singapore Airlines: group financial performance

Milan, Italy - Profit to 135 Singapore million, a drop of 153 million or 53%

The persistently high jet fuel prices had adversely affected the Group’s performance. In the third quarter of the 2011-12 financial year, the Group turned in a net profit of $135 Singapore million, a drop of $153 million or 53% over the same quarter in the preceding year. Group revenue improved $34 million (+1%) to $3,875 million on the back of marginal growth in passenger carriage, while Group e...

fra/pec - 1137465

AVIONEWS - World Aeronautical Press Agency
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