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Government grants cut SIAEC's H1 loss from S$114m to S$19m

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The number of flights handled by SIAEC's line maintenance unit in Singapore was only 14 per cent the amount handled in the corresponding six-month period last year.

Singapore

SIA Engineering Company (SIAEC), the maintenance arm of Singapore Airlines, swung into a net loss of S$19 million in the first half of its financial year, the mainboard-listed company said in an exchange filing on Tuesday.

This is a reversal from the S$87.6 million net...

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