12 May '11, 11am

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: SINGAPORE Airlines (SIA) has posted a $1.09 billion profit for th...

Singapore Airlines (SIA) has posted a $1.09 billion profit for the year ended Mar 31. -- SINGAPORE AIRLINES SINGAPORE Airlines (SIA) has posted a $1.09 billion profit for the year ended Mar 31. This is a four-time jump from the $216 million a year ago when the airline was badly hit by the global financial crisis. SIA which announced its full-year numbers on Thursday said that group revenue grew 14 per cent to $14.5 billion as both passenger traffic and yields picked up from their depressed levels a year ago. The airline has proposed a final dividend of 40 cents per share and a special dividend of 80 cents per share.

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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