Singapore Air Profit Tumbles as Air India Losses Hit Bottomline

Bloomberg07-28

Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...

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RitchieLui
·07-28
When does jetstar cease operation?
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Fly High
·07-28
Throwing good into bottomless sinkhole.
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3
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setia100
·07-28
Air India losses all the time COVID-19 or not COVID-19 ❗ They need contribution from SIA to keep it in the air❗❓
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Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand.The airline group carried a record 10.3 million passengers in the quarter, up about 7%. The increase was largely driven by its low-cost Scoot unit, as the main brand saw softer demand on long-haul flights.Singapore Air said demand into the second quarter “remains healthy,” though it is cautious about the outlook due to with geopolitical and macroeconomic volatility.The carrier offers the first glimpse as to how the headwinds are playing out in Asia, with major Western airlines painting a mixed picture. Earlier this month, American Airlines Group Inc. scaled back its earnings outlook after deep fare discounts to entice reluctant travelers, while Delta Air Lines Inc. gave a more upbeat outlook about demand and United Airlines Holdings Inc. said customers have resumed booking flights.The carrier’s group capacity still remains 6.7% lower than a pre-Covid peak. In the months ahead, it will tighten its grip in its home market as rival Jetstar Asia prepares to operate its last flight on Thursday. Singapore Air has pledged to take over much of the capacity left by Jetstar Asia’s exit.Shares in the airline closed 0.4% higher Monday, taking gains this year to 18%","news_type":1,"symbols_score_info":{"C6L.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":461539462246688,"gmtCreate":1753698916562,"gmtModify":1753698920137,"author":{"id":"3584911736417489","authorId":"3584911736417489","name":"Fly High","avatar":"https://static.tigerbbs.com/8572d7c834f14d421f65ad1ce935d0c8","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3584911736417489","authorIdStr":"3584911736417489"},"htmlText":"Throwing good into bottomless sinkhole.&nbsp;","listText":"Throwing good into bottomless sinkhole.&nbsp;","text":"Throwing good into bottomless sinkhole.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/461539462246688","repostId":1120245088,"repostType":2,"repost":{"id":"1120245088","kind":"news","pubTimestamp":1753696828,"share":"https://ttm.financial/m/news/1120245088?lang=&edition=fundamental","pubTime":"2025-07-28 18:00","market":"sg","language":"en","title":"Singapore Air Profit Tumbles as Air India Losses Hit Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120245088","media":"Bloomberg","summary":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186...","content":"<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Air Profit Tumbles as Air India Losses Hit Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-28 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120245088","content_text":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand.The airline group carried a record 10.3 million passengers in the quarter, up about 7%. The increase was largely driven by its low-cost Scoot unit, as the main brand saw softer demand on long-haul flights.Singapore Air said demand into the second quarter “remains healthy,” though it is cautious about the outlook due to with geopolitical and macroeconomic volatility.The carrier offers the first glimpse as to how the headwinds are playing out in Asia, with major Western airlines painting a mixed picture. Earlier this month, American Airlines Group Inc. scaled back its earnings outlook after deep fare discounts to entice reluctant travelers, while Delta Air Lines Inc. gave a more upbeat outlook about demand and United Airlines Holdings Inc. said customers have resumed booking flights.The carrier’s group capacity still remains 6.7% lower than a pre-Covid peak. In the months ahead, it will tighten its grip in its home market as rival Jetstar Asia prepares to operate its last flight on Thursday. Singapore Air has pledged to take over much of the capacity left by Jetstar Asia’s exit.Shares in the airline closed 0.4% higher Monday, taking gains this year to 18%","news_type":1,"symbols_score_info":{"C6L.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":461538471903792,"gmtCreate":1753698480027,"gmtModify":1753698484912,"author":{"id":"3567852837945728","authorId":"3567852837945728","name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3567852837945728","authorIdStr":"3567852837945728"},"htmlText":"Air India losses all the time COVID-19 or not COVID-19 ❗ They need contribution from SIA to keep it in the air❗❓","listText":"Air India losses all the time COVID-19 or not COVID-19 ❗ They need contribution from SIA to keep it in the air❗❓","text":"Air India losses all the time COVID-19 or not COVID-19 ❗ They need contribution from SIA to keep it in the air❗❓","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/461538471903792","repostId":1120245088,"repostType":4,"repost":{"id":"1120245088","kind":"news","pubTimestamp":1753696828,"share":"https://ttm.financial/m/news/1120245088?lang=&edition=fundamental","pubTime":"2025-07-28 18:00","market":"sg","language":"en","title":"Singapore Air Profit Tumbles as Air India Losses Hit Bottomline","url":"https://stock-news.laohu8.com/highlight/detail?id=1120245088","media":"Bloomberg","summary":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186...","content":"<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Air Profit Tumbles as Air India Losses Hit Bottomline</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Air Profit Tumbles as Air India Losses Hit Bottomline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-28 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.bloomberg.com/news/articles/2025-07-28/singapore-air-profit-tumbles-as-air-india-losses-hit-bottomline?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120245088","content_text":"Singapore Airlines Ltd.’s profit slumped in the first quarter as losses from Air India Ltd. and lower interest income weighed on the company’s financial results.Net income tumbled 59% to S$186 million ($145 million) in the three months ended June 30, the carrier said in a statement Monday. Revenue rose 1.5% to S$4.79 billion, bolstered by record travel volumes and strong cargo demand.The airline group carried a record 10.3 million passengers in the quarter, up about 7%. The increase was largely driven by its low-cost Scoot unit, as the main brand saw softer demand on long-haul flights.Singapore Air said demand into the second quarter “remains healthy,” though it is cautious about the outlook due to with geopolitical and macroeconomic volatility.The carrier offers the first glimpse as to how the headwinds are playing out in Asia, with major Western airlines painting a mixed picture. Earlier this month, American Airlines Group Inc. scaled back its earnings outlook after deep fare discounts to entice reluctant travelers, while Delta Air Lines Inc. gave a more upbeat outlook about demand and United Airlines Holdings Inc. said customers have resumed booking flights.The carrier’s group capacity still remains 6.7% lower than a pre-Covid peak. In the months ahead, it will tighten its grip in its home market as rival Jetstar Asia prepares to operate its last flight on Thursday. Singapore Air has pledged to take over much of the capacity left by Jetstar Asia’s exit.Shares in the airline closed 0.4% higher Monday, taking gains this year to 18%","news_type":1,"symbols_score_info":{"C6L.SI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":13,"commentSize":3,"repostSize":2,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}