Archive · 29 Jul 2025
Singapore Airlines' Profits Plummet Due to Air India Losses
Singapore Airlines, which owns part of Air India, saw a big drop in its profits this quarter.
This is because Air India, which it now includes in its financials, lost money.
The crash of an Air India flight in June is also affecting things.
Although profits are down, Singapore Airlines is optimistic about the future, but some analysts think the company will struggle in the coming months.
Singapore Airlines (SIA) shares fell up to 8.7% after the announcement.
SIA's net income dropped 59% to S$186 million in the quarter ending June 30.
The decline was mainly due to losses at Air India, in which SIA holds a 25.1% stake.
An investigation into the June Air India flight 171 crash is ongoing.
Analysts' reactions to the results were mixed, with some downgrading the stock.
- Who
- Singapore Airlines and Air India are the main entities involved.
- What
- Singapore Airlines' net income decreased significantly.
- When
- The financial results are for the three months ending June 30.
- Where
- The financial results concern Singapore Airlines and Air India.
- Why
- The profit decline was due to losses at Air India and the impact of an ongoing investigation.
- SIA Share Drop
- Up to 8.7%
- SIA Net Income (Q2)
- S$186 million
- SIA Stake in Air India
- 25.1%
- Air India Flight 171
- Fatal crash in June
- Analyst Downgrade
- JPMorgan downgraded stock to neutral
