Full year ending March 2013 SIA profits is up 12.8% to S$379 million. Cargo did poorly with a loss of $167m ( $119m for 2011-2012).
The result is a relief for the shareholders or is it? Cos later in the day, the shares traded and closed down 52 cents at $10.93 (yesterday was $11.45).
Nevertheless I am still optimistic about SIA. It is still the best airline in the world.
Over the last few years, SIA has been operating in a tough and difficult environment but it has done well,better than most major airline.
Cheer up SIA and may you regain your position as the world's most profitable airlines.