28 Jul 2008
SINGAPORE, July 28 (Reuters) - Singapore Airlines (SIAL.SI: Quote, Profile, Research, Stock Buzz), the world's second-biggest airline by market value, posted a 15 percent fall in quarterly profit, hit by soaring jet fuel costs and slowing demand for air travel, but still managed to beat market expectations. Singapore Air, which at $13.4 billion ranks behind Air China (601111.SS: Quote, Profile, Research, Stock Buzz), said April-June net profit was S$358.6 million ($263 million) compared with S$424 million a year ago.>>>> More
