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Headwinds to persist for Singapore Airlines in the short-term

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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Companies & Markets

Companies & Markets

Headwinds to persist for Singapore Airlines in the short-term

Nisha Ramchandani

KEYWORDS IN THIS ARTICLE

Companies & Markets

China central bank wants to halt bond-buying spree, not join it

Gold holds steady as investors focus on US Fed meeting

Singapore shares open in the red on Tuesday; STI down 0.3%

Huawei’s pivotal role in the US-China tech war, from 5G to chips

CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million

Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million

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