SIA Group posts S$76 million net loss as fuel costs surge on record revenue

Singapore Airlines’ parent company, SIA Group, reported a net loss of S$76 million for the quarter ending June 30, 2026. This represents a rare financial outcome despite achieving record revenue during the same period. Elevated fuel costs significantly impacted the group's profitability, contributing substantially to the losses. The SIA Group generated S$15.4 billion in revenue, marking an all-time high for the airline. Management acknowledged the challenging macroeconomic environment and ongoing industry pressures as factors influencing the results.