Singapore Airlines' half-year profit falls 68% because of Air CECA losses!!!!!

[taciturn]

https://www.channelnewsasia.com/singapore/singapore-airlines-sia-half-year-profit-fall-68-5464891

 

[A Singaporean]

This is what the 65% voted for. PAP has no money for Sinkies but Ok to yhrow away money to CECAs. MAJULAH.

 

[syed putra]

Neber learn from virgin atlantic mistake. But on another note, i think somebody earned huge commission for SIA to enter india like this. But you wont hear about it like those malay smrt technicians who were caught..

 

[Pinkieslut]

Never mind just bill to Sinkies can liao.

 

[Pinkieslut]

Singapore Airlines' half-year profit falls 68%​

Passengers looking at a Singapore Airlines Airbus A350-900 at New Zealand's Auckland International Airport on Jun 10, 2025. (File photo: AFP/William West)
13 Nov 2025 06:18PM(Updated: 13 Nov 2025 06:52PM)
Bookmark
WhatsAppTelegramFacebookTwitterEmailLinkedIn

Read a summary of this article on FAST.


FAST
Singapore Airlines posted a nearly 68 per cent drop in half-year net profit on Thursday (Nov 13), hurt by intensifying competition, lower interest income and losses from associate airline Air India.

The country's flag carrier said its half-year net profit came in at S$239 million (US$184.67 million) for the six months ended Sep 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.

Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.

The company's interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.

Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.

Singapore Airlines holds a 25.1 per cent stake in the Indian carrier, in what it called a part of its "long-term multi-hub strategy" to have a stake in "one of the world's largest and fastest-growing aviation markets".

"Despite the ongoing challenges, the SIA Group remains committed to working with its partner Tata Sons to support Air India’s comprehensive multi-year transformation programme."

The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.

It noted that demand for air travel remains resilient, supported by the year-end peak.

"The airline industry continues to face challenges from geopolitical tensions, macroeconomic headwinds, inflationary cost pressures, and supply chain constraints," it said.

"The SIA Group remains well-positioned to navigate this environment, supported by its strong balance sheet, disciplined cost management, robust digital capabilities, and a highly talented and resilient workforce."

 

[syed putra]

Multi hub strategy? Can clarify further?

 

[cockie]

https://www.channelnewsasia.com/singapore/singapore-airlines-sia-half-year-profit-fall-68-5464891

Deserves it….. fuck SIA…. I would opt to travel in any other full fetch airline than this stupid SIA and ABNN airline

 

[birdie69]

This is what the 65% voted for. PAP has no money for Sinkies but Ok to yhrow away money to CECAs. MAJULAH.

The one that decided to invest in india Air should be investigated by CPIB, who the hell would invest billions of $ in India Air

 

[batman1]

Orbigood. SIA deserved it .555