SINGAPORE -- Singapore Airlines is expecting further earnings pressure, with rival carriers continuing to add more flight capacity globally after the carrier's profit almost halved in the latest earnings results.
Shares drop 6% as carrier's profit almost halved in April-September period
Singapore Airlines jetliners sit on the tarmac at Changi Airport. The carrier says competition is intensifying all over the world. © Reuters
SINGAPORE -- Singapore Airlines is expecting further earnings pressure, with rival carriers continuing to add more flight capacity globally after the carrier's profit almost halved in the latest earnings results.