Shares in Singapore Airlines fell 4.54% on the Singapore Stock Exchange following on from falls on Friday after its fourth quarter operating losses widened and the company issued a warning for its current financial year to 31 March 2014. SIA operating losses widened to S$44.2 million ($35 million) in the three months ending March 31 from S$5.2 million for the same period last year. Net income was S$68.3 million for Q4, compared with a S$38.2 million loss a year earlier on the back of aircraft and engine sales. The fact is that SIA is in the same situation that the

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