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SIA Q1 earnings fall in absence of one-time gain; operating profit up

Yields continue to be under pressure amid competition but SIA Cargo bucks trend

The group's transformation programme is ongoing, to identify new opportunities for revenue generation, and to restructure its cost base.


SINGAPORE Airlines' fiscal first-quarter net profit fell due to the absence of a one-off gain but its operating profit strengthened on the back of stronger revenue.

The airline reported a net profit of S$235.1 million for the three months ended June 30, 2017, down about 8

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