Singapore Airline Q1 net profit beats expectations

Reuters India, 26 Jul 2010
(Reuters) - Singapore Airlines(SIAL.SI), the world's second-largest airline, beat expectations with its first quarter net profit as recovery in air travel and cargo volume gathered pace.
SIA, which ranks after Air China(601111.SS) in terms of market capitalisation, posted an April-June net profit of S$253 million ($185 million), ahead of analysts' forecasts of S$232 million. SIA made a loss of S$307 million a year ago. Full Story

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