The airline blames unusually bad weather and the air traffic control system for most of its difficulties.
The airline blamed cut-throat competition and the strong Singapore dollar for the poor showing.
The airline largely blamed soaring fuel prices for a 10.3 percent jump in operating expenses.
But major airlines like United can also blame their unsustainable cost structures, and equally unrealistic pricing models, for their financial troubles.
The airline last year posted its first loss as a public company and blamed Asia's economic crisis and high labor costs.
Its pilots union has said that the airline unfairly blames it for flight cancellations and delays.
The airline blamed the state of the runway for the accident, but investigators found no fault with the runway.
The airlines blame the Government for failing to provide more air traffic controllers.
The airline blamed an uncertain economic outlook for delaying its restructuring plan.
The airlines are blaming skyrocketing insurance rates based on fears of a war.