SIA POST HEATHLY PROFIT

Singapore Airlines (SIA) has reported a second-quarter net profit of 380.2 million Singapore dollars ($295.4 million), compared to a net loss of 158.8 million dollars in the same period a year ago. Total revenue in the July-September quarter was 3.6 billion dollars, up slightly from the 3.08 billion dollars posted last year. Improved travel demand was credited for the rise but the airline was sanguine about the future due to the global economic situation, along with swings in jet fuel prices and currencies. “Forward prices for jet fuel are high and volatile. There is continuing volatility in the currency markets