Singapore Airways warns on virus because it posts 11% rise in Q3 revenue

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Singapore Airways warns on virus because it posts 11% rise in Q3 revenue

SINGAPORE, Feb 14 (Reuters) - Singapore Airways Ltd SIAL.SI faces "important challenges" to its ent


SINGAPORE, Feb 14 (Reuters)Singapore Airways Ltd SIAL.SI faces “important challenges” to its enterprise from the coronavirus outbreak will probably be adjusting its community and tightly managing prices, it mentioned on Friday, because it reported an 11% rise in third-quarter web revenue.

The airline, a benchmark for premium carriers in Asia, mentioned its earnings rose S$31 million to S$315 million within the quarter to Dec. 31 due as income reached document highs because of a change plan that boosted gross sales.

Wanting ahead, Singapore Airways mentioned it had “drastically” lowered flights on all mainland China routes and arrange a high-level inside job pressure to observe the virus state of affairs and roll out measures to minimise the danger to workers and passengers.

(Reporting by Jamie Freed; enhancing by Himani Sarkar and Jason Neely)

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