Lower profit: A view of the inflight entertainment screens on the back of economy class seats on Airbus A350-900 planes. SIA reported a 36 drop in profit for the three months through December. – Reuters
The airline is betting an upswing in crude oil prices amid Opec output cuts
SINGAPORE: Singapore Airlines Ltd (SIA), South-East Asia’s biggest carrier, extended some of its fuel-hedging contracts to as long as five years, betting on an upswing in crude oil prices amid Opec production cuts and renewed tensions between the US and Iran.
