Willcu
08-13 12:31

$新加坡航空公司(C6L.SI)$  Singapore Airlines has recorded nearly S$1 billion in operating losses less than 2 years after making a 25% investment in Air India.

The investment, made in November 2024, came just months before a fatal Air India plane crash. The carrier is also facing a jet fuel crisis this year.

Air India was also among Indian carriers banned from Pakistan airspace in April 2025, which has affected many of its routes.

I will only invest if the share price drops below S$5, as it remains too expensive for me right now.

Singapore Airlines Reports Significant Profit Decline in Fiscal Year 2026 with Revenue Growth and Dividend Announcements
Singapore Airlines reported a 57.4% drop in net profit to SGD 1.18 billion for the fiscal year ending March 31, 2026, primarily due to the absence of prior one-off gains and losses from its Air India stake. Despite the profit decline, revenue increased by 5% to SGD 20.52 billion. The second-half profit also fell by 53.6% to SGD 945.5 million, while revenue rose 8%. The airline announced dividends including interim, final, and special dividends, and highlighted concerns over rising jet fuel prices due to Middle East conflicts impacting future costs.
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Comments

  • LuckyMillionaireTycoon
    08-13 13:56
    LuckyMillionaireTycoon
    Yea please wait until 5 then you jump in. Wait Wait and Wait.  Go buy DBS
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