Singapore Airlines reported a significant increase in profits in the third quarter of its fiscal year. Net profit amounted to 1,63 billion Singapore dollars (around 1,17 billion euros), an increase from 659 million Singapore dollars in the previous year.
This increase is mainly due to a one-time gain of 1,1 billion Singapore dollars generated from the merger of Air India and Vistara. The merger, which was completed last November, gave Singapore Airlines a 25,1 percent stake in the…
