SIA Q1 profit falls 59% to S$186mil; airline group sees volatile times ahead


FILE PHOTO: The cockpit of a Singapore Airlines' Boeing 787-10 Dreamliner is pictured after a delivery ceremony at the Boeing South Carolina plant in North Charleston, South Carolina, US, March 26, 2018. - Reuters

SINGAPORE: Singapore Airlines saw its earnings slide 59 per cent in the first quarter of its latest financial year, it announced on July 28 after trading hours.

This was due to lower interest income and the share of losses of associates, SIA said. Net profit dropped to S$186 million (US$144.6 million) for the first quarter in the 2025/2026 financial year that ended June 30, down from S$452 million in the corresponding period a year ago.

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