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Singapore Airlines Profit Rises on Virgin Atlantic Stake Sale

2013-07-26 07:33:55| Airlines - Topix.net

Singapore Airlines Ltd. , Southeast Asia 's biggest carrier, boosted first-quarter profit 56 percent, helped by gains from the sale of its stake in Virgin Atlantic Airways Ltd. to Delta Air Lines Inc. Net income rose to S$121.8 million in the three months ended in June, from S$78 million a year earlier, Singapore Air said in a statement yesterday.

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