Floating Button
Home Capital Broker's Calls

PhillipCapital's Hashim lowers target price for SIA to $6.43, citing higher fuel costs and Air India

The Edge Singapore
The Edge Singapore • 2 min read
PhillipCapital's Hashim lowers target price for SIA to $6.43, citing higher fuel costs and Air India
Photo: Bloomberg
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

Hashim Osman of PhillipCapital has maintained his "neutral" call on Singapore Airlines but citing volatile fuel costs, he has lowered his target price from $7 to $6.43.

SIA, for its 2HFY2026, reported patmi that was down 53.6% y-o-y to $945 million, bringing full year patmi to $1.18 billion, down 57.4%.

The bottomline was clearly weighed down by its associate, Air India, with share of losses at $828.5 million. Excluding which, SIA's operating profit for 2HFY2026 was up 72% y-o-y to $1.57 billion, due to stronger passenger yield and traffic growth.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.