Singapore Airlines Group falls into the red on fuel costs and Air India losses

Singapore Airlines Group reported a net loss of S$76 million for the April-June period, marking its inaugural loss since 2022. This decline occurred due to elevated fuel expenses impacting SIA Group’s financial performance during the three months concluding June 30th, 2026. Furthermore, substantial losses stemming from Air India contributed significantly to this negative outcome in the initial quarter. The carrier faced considerable headwinds driven by rising operational costs and market conditions. Analysts predict continued challenges for SIA Group as they navigate volatile global energy markets and ongoing restructuring efforts at Air India.