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BLUE CHIP EARNINGS

Lower fuel costs, fine refund propel SIA's Q4 profit to S$225m

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With the exception of SIA Cargo, all the units in the group turned in a better performance at the operating level in Q4. SIA is banking on its new A350-900 fleet to enhance the competitiveness of its network .

Singapore

LESS expensive jet fuel and a S$117 million refund of a competition-related fine gave lift to Singapore Airlines' wings as it posted a net profit of S$224.7 million for the fourth quarter ended March 31, 2016, up from just S$39.6 million a year ago.

However, yields