Singapore Airlines posted $4.5billion Q3 revenues

Singapore Airlines saw revenues rise by 3% in the third quarter of  2019 as the city state’s flag carrier recorded revenues of $4.5 billion for the period, which the airline attributed to the success of its three-year transformation plan. Operating profit increased saw a 15.7% increase of $61 million to $449m for the nine months ending December 31, 2019, with group operating profit increasing by 5.9%. While Singapore said that it was well positioned to deal with the ongoing coronavirus issue the growing scale of the outbreak poses “significant challenges” to group going forward.Singapore said both it and subsidiary Silk Air had