Singapore, 30 July 2026 – Singapore Airlines has entered a more demanding phase of its post-pandemic growth story after reporting a S$76 million quarterly net loss despite record revenue, showing how quickly higher fuel costs and associate-company losses can overwhelm strong passenger demand.
The group’s result for the quarter ended 30 June reversed a S$186 million profit from the same period a year earlier. Revenue reached a record S$5.71 billion, but net fuel costs rose sharply as conflict in the Middle East pushed energy prices higher. Operating profit fell to S$106 million, while the group also absorbed a larger share of losses from its investment in Air India.
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