SIA’s First-Quarter Profits Fall by 59%; Airline Group Sees Volatile Times Ahead

SIA’s first-quarter profits fall by 59%; airline group sees volatile times ahead

Geopolitical developments and tariffs create uncertainty, but SIA says it will remain vigilant.  Read more at straitstimes.com.

Singapore Airlines quarterly profit falls 59 pc on AI losses, other factors

New Delhi, Jul 28 (PTI) Singapore Airlines Group's profit declined nearly 59 per cent to 186 million Singapore dollars in the June quarter as losses of Air India and other associated companies, along with lower interest income, trimmed its bottom line. Singapore Airlines, which holds a 25.1 per cent stake in loss-making Air India, saw its total revenue rise 1.5 per cent to SGD 4.79 billion, whereas net profit dropped 58.8 per cent to SGD 186 mil…

SIA Group Q1 profits down despite continued passenger traffic growth

Singapore Airlines Group saw its operating and net profits tumble for the first quarter of fiscal 2025 – despite passenger numbers hitting a new high – as it warns of an increasingly “challenging operating environment”.

Singapore Airlines Group posts resilient first quarter

Singapore Airlines Group (SIA) has reported a steady start to its financial year with a first-quarter operating profit of S$405 million, despite rising non-fuel costs and pressure on both passenger and cargo yields. While overall group revenue rose 1.5% year-on-year to S$4.79 billion, net profit fell sharply by nearly 59% to S$186 million, largely due to lower interest income and losses recorded from associated companies, including newly consoli…

Stocks to watch: OCBC, Singapore Airlines, Raffles Medical, AEM Holdings

The following companies saw new developments that may affect trading of their securities on Monday (Jul 28):