Singapore Airlines Group posts record FY2026 revenue and operating profit; Air India losses of $2.79B drag earnings
Singapore Airlines Group reported record FY2026 revenue of S$20.5 billion (+5%) and a 39% rise in operating profit to S$2.4 billion, driven by stronger second-half demand. However, Air India losses totaled S$3.56 billion ($2.79 billion) for the year to March 2026, compressing group profitability, while Singapore Airlines cautioned on the impact of high fuel costs.