Singapore Airlines Group’s profit nearly halves as fuel costs bite – VnExpress International

Singapore Airlines Group’s profit nearly halves as fuel costs bite

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First-half revenue rose 16.8% to SGD11.3 billion, driven by stronger demand for passenger travel and air cargo, according to the group’s earnings report. Singapore Airlines Group comprises the full-service carrier Singapore Airlines and its low-cost subsidiary Scoot. The group said seasonal travel demand was strong and cargo demand remained firm, supported by shipments tied to … Read more