{"id":11535,"date":"2025-11-14T19:53:32","date_gmt":"2025-11-14T11:53:32","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=11535"},"modified":"2025-11-14T19:53:32","modified_gmt":"2025-11-14T11:53:32","slug":"singapore-airlines-profit-drops-68-amid-air-india-losses-and-rising-costs","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=11535","title":{"rendered":"Singapore Airlines profit drops 68% amid Air India losses and rising costs"},"content":{"rendered":"


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Singapore Airlines on Thursday reported a sharp fall in first-half profit, hit by losses at its Indian associate Air India, higher costs and intensifying competition.<\/p>\n

The airline\u2019s profit slid steeply in the second quarter to S$52 million (US$40.18 million) from S$186 million in the first quarter, highlighting Air India\u2019s drag on performance.<\/p>\n

Singapore Airlines began accounting for Air India\u2019s earnings in December 2024 after the integration of joint venture Vistara into Air India. The Singapore carrier has a 25.1 per cent stake in the Indian airline.<\/p>\n

Air India is still reeling from a fatal crash earlier this year and is seeking at least 100 billion rupees (US$1.1 billion) in financial support from its owners, Tata Sons and Singapore Air, Bloomberg News reported last month. Singapore Airlines reiterated its commitment to collaborating with Tata Sons on Air India\u2019s turnaround plan.<\/p>\n

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\"Wreckage<\/div>
Wreckage of an Air India Boeing 787-8 Dreamliner plane sits on the ground after crashing in Ahmedabad, India on July 12. Photo: Reuters<\/figcaption><\/figure>\n<\/div>\n<\/div>\n

Passenger demand remained strong and fuel costs fell, even as competition in key markets squeezed yields.<\/p>\n

Singapore\u2019s flag carrier sought to keep investors onside with a capital return plan and a confident outlook for travel demand heading into the year-end rush.<\/p>\n<\/div>\n


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Singapore Airlines on Thursday reported a sharp fall in first-half profit, hit by losses at its Indian associate Air India, higher costs and intensifying competition….<\/p>\n","protected":false},"author":1,"featured_media":11536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[4840],"tags":[364,8587,4113,1054,1390,4826,8346,4142,22],"class_list":["post-11535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-travel-globetrotting","tag-air","tag-airlines","tag-costs","tag-drops","tag-india","tag-losses","tag-profit","tag-rising","tag-singapore","wpcat-4840-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/11535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11535"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/11535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/11536"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}