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Singapore Airlines profit plunges 57 percent as Air India losses bite harder than expected

Business
Published on 14 May 2026
Singapore Airlines profit plunges 57 percent as Air India losses bite harder than expected

The usual one off profit boost never showed up

Singapore Airlines Group’s FY26 profit fell 57.4% to SGD 1.184 billion, driven by the absence of a prior one-off merger gain and by losses linked to Air India. Even with weaker earnings, SIA says it remains firmly committed to its Air India investment, calling it essential to its multi-hub strategy in a fast growing aviation market.

  • FY26 profit drops 57.4% to SGD 1.184 billion
  • No prior one off merger gain weighed on results
  • Air India losses played a major role in the decline
  • SIA still backs Air India for multi hub growth
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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