12 May '11, 11am

Singapore Airlines 1Q profit drops 38 percent: Singapore Airlines Ltd. said its profit fell 38 percent in the Ja...

Singapore Airlines Ltd. said its profit fell 38 percent in the January-March quarter as soaring fuel prices pushed up expenditure. The carrier said in a statement Thursday that its net profit in the first quarter was 171 million Singapore dollars ($139 million) compared with SG$278 million a year earlier. Quarterly revenue at the world's second-biggest airline by market capitalization rose to SG$3.59 billion from SG$3.34 billion a year earlier. Expenditure increased to SG$3.42 billion from SG$3.10 billion as jet fuel prices jumped 34 percent from a year earlier. The airline said high fuel prices and weakness in passenger numbers would continue to hurt operating performance in the near term.

Full article: http://sg.news.yahoo.com/singapore-airlines-1q-profit-dro...

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SIA posts 4-time jump in profit from year ago: SINGAPORE Airlines (SIA) has posted a $1.09 billion profit for th...

SIA posts 4-time jump in profit from year ago: ...

straitstimes.com 12 May '11, 11am

Singapore Airlines (SIA) has posted a $1.09 billion profit for the year ended Mar 31. -- SINGAPORE AIRLINES SINGAPORE Airl...

Rakuten posts 8% rise in Q1 operating profit

Rakuten posts 8% rise in Q1 operating profit

channelnewsasia.com 12 May '11, 3pm

TOKYO : Business is growing for Japan's largest online company service company Rakuten. It has booked an 8 per cent increa...