Guardian.co.uk
13 May 2008
SINGAPORE, May 13 (Reuters) - Singapore Airlines (SIA), the world's second-biggest airline by market value, saw quarterly profit on Tuesday fall a less-than-feared 21 percent and warned of slower demand amid record fuel costs.
SIA, which relies on premium and business travellers for about half its revenues, cautioned the current turmoil in global financial markets has clouded the outlook for air travel.
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