Singapore Airlines returns to profit

Singapore Airlines returns to profit
AFP
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First Published: Tue, Feb 02 2010. 03 57 PM IST
Updated: Tue, Feb 02 2010. 03 57 PM IST
Singapore: Singapore Airlines (SIA) said Tuesday it returned to profit in the three months to the end of December following losses in the two preceding quarters.
“The group returned to profitability in the third quarter of the financial year with a net profit... of 404 million Singapore dollars ($286 million),” the carrier said in a statement.
“This was a turnaround from losses of 307 million Singapore dollars in the first quarter and 159 million in the second quarter.”
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First Published: Tue, Feb 02 2010. 03 57 PM IST