Singapore Air Third-Quarter Profit Misses Estimate on Yields via @BloombergNews

Singapore Air Profit Misses Estimates on Passenger Yields

bloomberg.com 07 Feb '13, 10am

Singapore Air Third-Quarter Profit Misses Estimate on Yields via @BloombergNews

Singapore Airlines Ltd. , Southeast Asia’s biggest airline, reported profit that missed analyst estimates for a fifth consecutive quarter on cheaper fares to carry passengers and cargo. Net income rose 5.4 percent to S$142.5 million ($115 million) in the three months ended December, the airline said in a statement yesterday, missing the S$161 million average of four analysts’ estimates compiled by Bloomberg. Singapore Air shares fell to the lowest level in a week after saying yield from carrying passengers dropped 5.8 percent in the third quarter, trimming gains from selling more tickets. Chief Executive Officer Goh Choon Phong , 49, upgraded business- class cabins, sold a stake in Virgin Atlantic Airways Ltd. last year, and started operating a new budget carrier Scoot Pte as competition with Middle East carriers such as Emirates and low- fare airlines increases. “Disappoi...

Full article: http://www.bloomberg.com/news/2013-02-07/singapore-air-th...

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@EVARNL » 08 Feb '13, 9am
#Singapore Air profit misses estimates on passenger, cargo yields [link] | #aviation #business
@Pawan_KTTV » 08 Feb '13, 5am
สิงคโปร์แอร์ไลน์กำไรพลาดเป้า Singapore Air profit misses estimates on passenger, cargo yields | [link]
@sgdeal33 » 08 Feb '13, 5am
RT @BreakingNewsG: Singapore Air profit misses estimates on passenger, cargo yields | [link] Via @BloombergNews
@SpecBanking » 08 Feb '13, 3am
#SingaporeAir Profit Misses Estimates on Passenger Yields [link] via @BloombergNews
@Market_Tweet » 08 Feb '13, 12am
Singapore Air Profit Misses Estimates on Passenger, Cargo Yields: [link]
@greatstyo » 07 Feb '13, 11pm
RT @aspireaviation: Singapore Air Third-Quarter Profit Misses Estimate on Yields [link] via @BloombergNews
@aspireaviation » 07 Feb '13, 10am
Singapore Air Third-Quarter Profit Misses Estimate on Yields [link] via @BloombergNews
@Solaresdelcampo » 08 Feb '13, 2am
Singapore Air Profit Misses Estimates on Passenger Yields [link]
@ksdwong » 08 Feb '13, 1am
Singapore Air Profit Misses Estimates on Passenger, Cargo Yields [link] via @BloombergNews
@jonkbrent » 08 Feb '13, 12am
Singapore Air Profit Misses Estimates on Passenger, Cargo Yields: [link]
@aspireaviation » 07 Feb '13, 11pm
Singapore Air Third-Quarter Profit Misses Estimate on Yields [link] via @BloombergNews
@ScootAirline » 07 Feb '13, 1pm
Singapore Air Third-Quarter Profit Misses Estimate on Yields - @BloombergNews : [link]

Singapore Air Profit Misses Estimates on Passenger Yields

Singapore Air Third-Quarter Profit Misses Estimate on Yields via @BloombergNews

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