Thursday, 3 November 2011
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Reuters, 3 Nov 2011
(Reuters) - Singapore Airlines Ltd (SIA), the world's second largest carrier by market value, posted on Thursday a 49 percent drop in second quarter net profit due to high jet fuel prices and said yields will remain under pressure.
The global airlines industry, which only recovered from its worst-ever downturn last year, is facing new headwinds such as rising jet fuel prices and economic uncertainties in Europe and United States. Full story
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Singapore Airlines profit plunges 49 per cent in third quarter amid slowing global economy - CanadianBusiness.com
Emirates, Singapore Air Post Profit Slumps on Fuel Bill, Economy - BusinessWeek
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Singapore Airlines 3Q profit plunges 49 percent
Reuters, 3 Nov 2011(Reuters) - Singapore Airlines Ltd (SIA), the world's second largest carrier by market value, posted on Thursday a 49 percent drop in second quarter net profit due to high jet fuel prices and said yields will remain under pressure.
The global airlines industry, which only recovered from its worst-ever downturn last year, is facing new headwinds such as rising jet fuel prices and economic uncertainties in Europe and United States. Full story
Related:
Singapore Airlines profit plunges 49 per cent in third quarter amid slowing global economy - CanadianBusiness.com
Emirates, Singapore Air Post Profit Slumps on Fuel Bill, Economy - BusinessWeek
Singapore Airlines 3Q profit plunges 49 percent - eTaiwan News
High fuel costs almost halve profits at Singapore Airlines - Monsters and Critics
Singapore Airlines says half-year profit down 62% - MSN Philippines News
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