Singapore Airlines has reported a record quarterly revenue of $5.51 billion for 3QFY2026, an increase of 5.5% over the year-earlier period.
However, earnings for the same quarter, at $505 million, was down 68.9% y-o-y as the year-earlier quarter was distorted by a one-off accounting gain of $1.1 billion.
For the nine months ended Dec 31 2025, revenue was up 3.2% to $15.2 billion and earnings down 68.6% to $743 million.
In the quarter, SIA, as a group, carried 10.9 million passengers, up 6.3% y-o-y.
Passenger load factor was up 0.3 percentage points to 87.5%, as traffic grew 3.2% on the back of a 2.8% capacity expansion.
Passenger yields rose 1.9% to 10.9 cents per revenue passenger-kilometre.
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On the other hand, cargo revenue was down 5.4% to $581 million, driven by a 6.2% decline in yields.
The company incurred higher costs for both fuel and non-fuel.
For the quarter, its operating profit was $792 million, up 25.9%.
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SIA sees 'healthy" demand for air travel heading into the last quarter of FY2025/26, supported by seasonal travel.
"The Group is well positioned to capture this demand, and will remain nimble and agile in its network and capacity deployment to maximise revenue opportunities," says SIA.
SIA shares closed at $7.03, up 1.01%.
