Analysts are only just beginning to warm up to Singapore Airlines’ (SIA) turnaround, following its lowest quarterly loss in earnings before interest and taxes (EBIT) since the pandemic began. 

On July 29, SIA reported net losses of $409 million for 1QFY2022 ended June 30. This is a 63.6%, or $714 million, improvement from the $1.1 billion loss it had posted the year before.

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