Singapore Airlines reports big jump in profits

AFP

2017/11/07 | 296 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Singapore Airlines reports big jump in profits

Singapore Airlines said Tuesday second-quarter net profit almost tripled due to passenger growth and improvements in its cargo business, but warned of challenges ahead. The flag carrier said it earned Sg$190 million ($139 million) in the three months to the end of September compared to Sg$65 million in the same period last year.The airline, seen as a benchmark for Asian premium carriers, has been battling strong competition from Asian low-cost carriers and Middle Eastern airlines, which now ...(…)

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