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SIA Group posts S$76M loss as fuel costs surge on demand

Summary by aerotime.aero
Singapore Airlines’ parent company posted a rare loss for the quarter ended June 30, 2026, even as the group brought in more revenue than ever before.  The SIA Group reported a net loss of S$76 million (US$59 million) for its first fiscal quarter, a sharp reversal from the S$186 million (US$143 million) profit it posted a year earlier, driven almost entirely by a spike in fuel costs tied to the conflict in the Middle East. Record revenue, but fu…

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Business Times broke the news in Singapore, Singapore on Tuesday, July 28, 2026.
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