Singapore Airlines, second in the Aviation 100 airlines poll to Emirates, has reported that net profit in its fiscal third quarter fell 53% from the same period last year, a fifth straight quarter of reduced earnings, as fuel prices continue to steadily rise whilst demand falls.   Net profit for the three months to December 31, 2011 fell to S$135.2m (US$ 108.4m) from S$288.3m for the same period the year before. The result was about S$20m lower than most forecasts. It is not all bad though as revenue at the airline held firm, rising 1% to S$3.88 billion, which

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