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    <title>Singapore Airlines Grp posts record SGD 2.8 bln annual profit on gain from Air India-Vistara merger</title>
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    <description>Singapore Airlines Group&#039;s record annual net profit was chiefly driven by a one off non cash accounting gain from the Air India Vistara merger, with SIA acquiring a 25.1% stake in the enlarged Air India; the Group also reported cash outflows for capital expenditure, mandatory convertible bond redemption, dividends and the Air India investment, partially offset by net cash generated from operations and noted ongoing market risks and strategic dual brand and partnership responses.</description>
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