Singapore’s flagship carriersaw its red ink for the full-year reach $419m, an improvement on the $473.93mlost in the previous 12 months.

It came on the back of a$96.26m reversal in the final three months of 2012.

While this is better than the$318.72m lost in the comparable quarter of 2011 it does mean the company’sreturn to the black in the previous three months was fleeting.