Singapore Airlines posted its first quarterly net loss since 2022 despite higher revenue, dragged by soaring jet-fuel prices amid Middle East tensions and a higher share of losses from Air India.
Singapore Airlines is in discussions with Airbus and Boeing for the purchase of at least 50 of the industry's biggest jets as it plans the next phase of its growth from next decade, industry sources said.
Air India has weighed on Singapore Airlines' bottom line since the merger of Vistara and Air India in December 2024. Air India recorded a loss of SG$3.56 billion, or $2.8 billion, SIA's share of the loss amounted to SG$945.2 million.
| Passenger Airlines Industry | Industrials Sector | Choon Phong Goh Mgmt. CEO | XFRA Exchange | 82930C106 CUSIP |
| SG Country | 22,819 Employees | 12 Aug 2026 Last Dividend | 6 May 2020 Last Split | - IPO Date |
Singapore Airlines Limited, along with its subsidiaries, is a major airline operator that provides both passenger and cargo air transportation services. It operates under two key brands: Singapore Airlines for full-service flights and Scoot for low-cost carrier operations. The airline's market reach spans several important regions, including East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. This extensive network is supported by a diverse fleet of 195 aircraft as of March 31, 2023, comprising 188 passenger aircraft and seven freighters. Founded in 1947 and headquartered in Singapore, Singapore Airlines Limited has grown to offer a wide range of aviation-related services, right from engineering services to pilot training and more, catering to the varied needs of global travelers.