Singapore Airlines profit plunges as fuel costs surge
AFP
| 2019/05/16 | 232 words
| LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Singapore Airlines said Thursday its net profit for the last financial year nearly halved as fuel costs surged, but reported its highest ever full-year revenues.The major Asian carrier said bookings in the months ahead indicate robust demand, but warned against the impact of trade disputes and slowing economic growth in key markets.Revenue for the financial year ended March totalled Sg$16.3 billion ($12 billion), but annual net profit tumbled 47.5 percent to Sg$683 million, the airline said ...(…)
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