Headwinds to persist for Singapore Airlines in the short-term
Nisha Ramchandani
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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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