Sph Website
 
THE AWARD-WINNING WEBSITE: BEST IN ONLINE MEDIA (GOLD) - WAN-IFRA ASIA DIGITAL MEDIA AWARDS 2012
Breaking NewsSingapore
Singapore weather
27 °C
 -
34°C
 
HomeBreaking NewsStory

SIA focuses on all sectors to stay aloft amid challenges

Rest of the year will be tough but group will stay nimble, says CEO

 
Published on Nov 06, 2012
6:00 AM
newspostPurchase this article for republication
photobankBuy SPH photos
Singapore Airlines will fight on all fronts - from premium to budget - in its bid to stay aloft amid challenging operating conditions. -- ST FILE PHOTO: ALPHONSUS CHERN

By Karamjit Kaur, Aviation Correspondent

Singapore Airlines will fight on all fronts - from premium to budget - in its bid to stay aloft amid challenging operating conditions.

It will focus on and invest in all segments of the business to cushion itself against a slowdown in any one sector, said its chief executive officer Goh Choon Phong.

This will also strengthen the group against rivals at both ends of the market, he added yesterday during his biannual post-results session with journalists and analysts.

Last Friday, SIA announced that second-quarter (July to September) net profits had dived 54 per cent to $90 million from the same period last year.

TO READ THE FULL STORY...

 
comments powered by Disqus
 

Most Popular

1. Orchard slashing: Victim's 'arrogant' walk riled gang of youths
2. MRT to try out new way to queue to foster gracious behaviour
3. 20-year-old victim of slashing incident at Orchard Cineleisure rushed to SGH
4. Shane Todd's death a suicide, State Counsel said in closing submission
5. Over 30 wild animals seized by AVA in a flat - biggest inland seizure of wildlife since 2002
6. Student slashed by stranger she helped in Ang Mo Kio
7. Nine suspects in Orchard Road slashing case arrested
8. 9 hurt in car and motorbike accident at Upper Bukit Timah Road
9. Five land parcels released for sale this month; estimated to yield 3,600 housing units
10. Thieves target handbags in supermarket trolleys