SINGAPORE (July 27): Singapore Airlines (SIA) posts group earnings of S$235.1 million for 1Q ended June, from earnings of S$256.6 million a year ago.
This was mainly attributable to the absence of last year’s gain on SIA Engineering’s divestment of its 10.0% stake in Hong Kong Aero Engine Services (HAESL) and special dividends of S$178 million received from HAESL.
The decline was partially mitigated by... (Click here to read the full story.)