{"id":105134,"date":"2025-07-28T21:25:16","date_gmt":"2025-07-28T15:55:16","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=105134"},"modified":"2025-08-06T18:41:19","modified_gmt":"2025-08-06T13:11:19","slug":"singapore-airlines-profit-declines-by-59","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2025\/07\/28\/singapore-airlines-profit-declines-by-59\/","title":{"rendered":"Singapore Airlines Profit Declines by 59% Amid Air India Crash, More Reasons"},"content":{"rendered":"\n

SINGAPORE-<\/strong> One of the best carriers in the world, Singapore Airlines Group (SQ)<\/a>, reported a 58.8% year-on-year decline in net profit to S$186million for the first quarter ended 30 June 2025, despite a modest 1.5% increase in total revenue. Operating from Changi Airport (SIN), the group includes Singapore Airlines and its low-cost carrier, Scoot (TR).<\/p>\n\n\n\n

The sharp drop in profit was driven by a combination of lower interest income, share of losses from associates like Air India (AI)<\/a>, and challenging market conditions. Nevertheless, both Singapore Airlines and Scoot achieved all-time high passenger numbers, highlighting continued robust demand.<\/p>\n\n\n\n

\"Singapore
Photo: Robin HARDY<\/figcaption><\/figure>\n\n\n\n

Singapore Airlines Profit Declines<\/h2>\n\n\n\n

The SIA Group\u2019s total revenue for Q1 FY2025\/26 rose to S$4.79billion, up from S$4.72billion a year earlier. The Group\u2019s operating profit, however, slipped 13.8% to S$405million. While air travel demand stayed strong and SIA Group achieved record passenger volumes, profit was significantly impacted by:<\/p>\n\n\n\n