Singapore Airlines' Half-Year Profit Falls 68%

Singapore Airlines profit nosedives amid Air India losses and fierce competition

Air India, struggling after a fatal crash this year, seeks US$1.1 billion in financial support from its owners, Tata Sons and Singapore Airlines.

Air India drags Singapore Airlines net profit

Air India's losses contribute to Singapore Airlines' 67.8% profit drop, amid ongoing challenges and a recent aircraft crash inquiry.

Singapore Airlines earnings plummet 82% in 2nd quarter

Net profit sinks to $40M in July-September due to declines in interest revenue, loss from Air India stake - Anadolu Ajansı

Singapore Airlines' half-year profit falls 68%

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 si

Singapore Airlines earnings sink 82% in second quarter, well below forecasts on Air India drag

Singapore Airlines delivered a deeper-than-expected profit drop as equity losses from Air India pressured its latest results.

Air India Losses Drag Singapore Airlines’ Profit

The losses Air India is incurring are hurting Singapore Airlines‘ financial fortunes for the six months ending September this year. The Singapore-based flag carrier has a 25.1 percent stake in Air India. The SIA Group began equity accounting for Air India’s financial performance from December 2024, following the full integration of Vistara into Air India. In a media statement, Singapore Airlines said it reported a robust operating profit of (Sin…