Singapore Airlines Profit Plunges on Air India Losses

Core Insights - Singapore Airlines reported an 82% drop in profit for its second quarter, primarily due to losses from its associate Air India and a decrease in interest income [1] Financial Performance - The company's profit fell significantly, indicating challenges in its financial performance during the quarter [1] - Losses from Air India contributed to the overall decline in profitability [1] - Lower interest income further exacerbated the profit drop [1]