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Singapore Airlines reports smaller loss in October-December

Financial impact eased from previous quarters on restructuring during COVID

Singapore Airlines reported a fourth consecutive quarterly loss as the coronavirus pandemic hit the global air travel industry. (Photo by Melvin Loi)

SINGAPORE -- Singapore Airlines on Thursday reported a net loss of 142 million Singapore dollars ($106 million) for the October-December quarter, marking the fourth consecutive quarterly loss for the company as the coronavirus pandemic hit the global air travel industry.

The result compares to a SG$315 million net profit in the same quarter a year ago.

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