(February 15 10:56) Sbr.com.sg
Submitted By:
Staff Reporter
Case Study:
No
The airlines' joint venture, NokScoot, was hit by heavy losses.
Singapore Airlines (SIA) extended its earnings decline as profits crashed 27% YoY to $284.1m in Q3 from $389.3m as heightened fuel costs and losses from its joint ventures hit quarterly earnings, according to its financial statement.
Also read: SIA Q2 profits dropped 80.9% to $56.4m in Q2
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