Bloomberg.com, 6 Nov 2008, Chan Sue Ling
Nov. 6 (Bloomberg) -- Singapore Airlines Ltd., the world's largest carrier by market value, said quarterly net income fell 36 percent, the third consecutive decline, after it paid more to buy jet fuel and filled fewer seats.
Net income dropped to S$323.8 million ($219 million), or 27.1 cents a share, in the three months ended Sept. 30, from S$507.8 million, or 40.3 cents, a year earlier, the carrier said in a statement to the Singapore stock exchange today. Sales climbed to S$4.38 billion from S$3.97 billion.
Read More
Related News:
Singapore Airlines Q2 net down 36 pct on high fuel - Reuters, 6 Nov 08
