Singapore Air’s Profit Jumps 68% on Associate Companies
Singapore Airlines aircraft at Changi Airport in Singapore.
Photographer: Nicky Loh/BloombergThis article is for subscribers only.
Singapore Airlines Ltd. posted a 68% rise in second-quarter profit, helped by better contributions from associate companies and joint ventures.
Net income in the three months to September increased to S$94.5 million ($70 million), from S$56.4 million a year ago, the carrier said in a statement Tuesday. Sales climbed 3.9% to S$4.22 billion.