The Straits Times
Published on Nov 06, 2012

SIA focuses on all sectors to stay aloft amid challenges

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


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.