SIA to rely on strong balance sheet, network as it adapts to challenges

Singapore Airlines says its strong balance sheet will allow it to continue investing in its products and services, while expanding its global network amid an increasingly volatile operating environment. The national carrier posted a 57.4 per cent drop in net profit, despite achieving a record annual revenue of S$20.5 billion, driven by robust travel demand and higher passenger yields. Claudia Lim with more.