Singapore Airlines Interim Net Profit Falls 43.9%
Singapore Airlines reported half-year net profit of S$134 million, down from S$239 million a year earlier. The airline attributed the decline to higher jet fuel costs linked to the Middle East conflict.
Singapore Airlines SGX:C6L reported a 43.9% drop in its interim net profit on Wednesday, hurt by a sharp spike in jet fuel costs stemming from the Middle East conflict.The city-state's flag carrier posted half-yearly net profit of S$134 million ($104.56 million), from S$239 million a year ago, beat…