SIA Posts Record $11.3b Half-Year Revenue, but Profits Fall 43.9% Amid High Jet Fuel Prices
Record revenue of S$11.3 billion was not enough to offset higher jet fuel prices, which pushed half-year operating profit down 29.1%, the airline said.
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SIA posts record $11.3b half-year revenue, but profits fall 43.9% amid high jet fuel prices
National carrier Singapore Airlines (SIA) posted a net profit of $134 million in the first half of 2026 amid a record $11.3 billion revenue, the group reported on Wednesday (Nov 11).But despite total revenue growing by 16.8 per cent to better the $9.67 billion revenue posted in the same period last year, net profit fell by 43.9 per cent —...
Singapore Airlines group posts record H1 revenue of SGD 11.3 billion, but jet fuel price hits net profit - Connected to India News I Singapore l UAE l UK l USA l NRI
The Singapore Airlines (SIA) group has announced strong half-year (H1) results for FY2026-27, with a 16.8 per cent increase over the same period in the previous financial year. However, the prolonged conflict in the Middle East and the high jet fuel prices adversely impacted net profit during the six-month period. The post Singapore Airlines group posts record H1 revenue of SGD 11.3 billion, but jet fuel price hits net profit appeared first on C…
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