Singapore Airlines posts pluses and minuses for half year - Crikey (blog)

Singapore Airlines posts pluses and minuses for half year | Plane Talking

Singapore Airlines posts pluses and minuses for half year - Crikey (blog)

Given the increased involvement of major foreign airlines in the Qantas and Virgin camps, it might be a good idea to track their financial results, which in the case of today’s half year results for Singapore Airlines, features some striking ticks and and crosses. In the six months to 30 September, Singapore Airlines made a net profit of $SG 168 million (good ) which is down $71 million or by 30% over the same six months reported a year ago (bad ). If it had owned the 10% of Virgin Australia it has just bought in those six months it would have gained $A 2.28 million profit share in that period, which would probably pay for a round of spectacularly expensive and sensationally served drinks in a sky top lounge about which everyone who has even been there professes amnesia. Singapore Airlines says in its guidance that this headline result “was mainly attributable to lower non...

Full article: http://blogs.crikey.com.au/planetalking/2012/11/05/singap...

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Singapore Airlines posts pluses and minuses for half year - Crikey (blog) [link]
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It appen today: Singapore Airlines posts pluses and minuses for half year - Crikey (blog) [link] What do you think?
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Singapore Airlines posts pluses and minuses for half year - Crikey (blog) [link]
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