SIA Profit Drops 57% on Air India Losses, Stays Course
Singapore Airlines' net profit fell 57.4% to SGD 1.18B due to its Air India stake, but the carrier remains committed to its long-term growth strategy.
May 15, 20265 min
Business
4 aviation articles tagged “Airline Earnings”
Singapore Airlines' net profit fell 57.4% to SGD 1.18B due to its Air India stake, but the carrier remains committed to its long-term growth strategy.
Singapore Airlines' net profit fell 57.4% to SGD 1.184B, impacted by surging jet fuel costs and its share of Air India's significant financial losses.
IAG reported a €351M Q1 2026 operating profit, up 77%, on strong travel demand but lowered its full-year outlook due to rising jet fuel prices.
IAG lowered its 2026 profit outlook, projecting a €2 billion increase in jet fuel costs due to the ongoing Middle East conflict.