Analysts generally upbeat on SIA's prospects for the year ahead

Analysts also warned of challenges from surging fuel prices and a potential crunch in manpower supply. ST PHOTO: CHONG JUN LIANG
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SINGAPORE - Analysts were generally upbeat on Singapore Airlines' (SIA) outlook, though warning of the challenges the company would face from surging fuel prices and a potential crunch in manpower supply.

A day after the airline posted full-year earnings that showed a narrowing of losses for the 12 months to March 31 this year to $962 million, from $4.3 billion the previous year, analysts had a wide and varied price target for the stock.

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