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Headwinds to persist for Singapore Airlines in the short-term
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Nisha Ramchandani
Published Fri, Nov 4, 2016 · 09:50 PM
Singapore
HEADWINDS that contributed to Singapore Airlines' (SIA) weaker-than-expected results for the second quarter aren't likely to dissipate soon.
The stock shed 16 cents on Friday to close at S$9.95, after the airline group reported on Thursday that its 2QFY16/17 net profit sank nearly 70 per cent to S$64.9 million from a year ago.
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