News
Singapore Airlines quarterly profit drops 69% due to non-cash accounting charges
February 25th 2026
Singapore Airlines Group (SIA) has reported net profit of S$505 million (US$399 million) for the three months to December 31 2025, down 68.9% from S$1.6 billion in the same three months in 2024. Read More » The company said the large variance in quarterly profit was due to a one-off S$1.1 billion non-cash gain recognised in the 2024 accounts following the merger of Air India and Vistara. Absent this one-off gain, operating profit rose 25.9% to S$792 million, SIA said in a regulatory filing. Revenue was 5.5% higher at S$5.5 billion, the airline group said. Looking ahead, the company is expected to lift the curtain on its latest long-haul cabin products and inflight entertainment system, as well as faster internet speeds on board using low earth orbit satellite connectivity later this year. "The demand for air travel is healthy heading into the last quarter of FY2025/26, supported by seasonal travel," the parent of Singapore Airlines and Scoot said. "The group is well positioned to capture this demand, and will remain nimble and agile in its network and capacity deployment to maximise revenue opportunities."
