SIA Posts Q1 Loss Despite Record Revenue, Citing Fuel Costs and Air India Losses

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28 July 2026 at 5:26 pm

SIA Posts Q1 Loss Despite Record Revenue, Citing Fuel Costs and Air India Losses

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Summary

Despite record passenger and cargo revenue, Singapore Airlines (SIA) reported a S$76 million quarterly loss in Q1, primarily due to a 78.5 percent increase in net fuel costs and higher losses from Air India.

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SIA Posts Q1 Loss Despite Record Revenue, Citing Fuel Costs and Air India Losses | HyperFast