Singapore Airlines performance to be shaped by yields, fuel prices and strong US dollar

Singapore Airlines SVP finance Stephen Barnes said (06-Nov-2015) pressure on yields, lower fuel prices and the stronger US dollar will continue to dominate the airline's performance. Mr Barnes reported a steady decline in yields in 1HFY2015/16 offset by lower unit costs driven by reduced fuel expenses. Mr Barnes said the airline conducted a lot of promotional activity in an aggressive, high capacity market. [more - original PR] [more - CAPA Analysis]