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Singapore Airlines earnings plunge 82.1% y-o-y to $52 mil for 2QFY2025, weighed down by Air India stake

Nicole Lim
Nicole Lim • 4 min read
Singapore Airlines earnings plunge 82.1% y-o-y to $52 mil for 2QFY2025, weighed down by Air India stake
The board of SIA has declared an interim special dividend of 3 cents per share as the first payment from a special dividend package of 10 cents per share annually over three financial years. Photo: Bloomberg
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Singapore Airlines (SIA) has reported lower earnings for the 2QFY2025/2026 ended Sept 30 of $52 million, down 82.1% y-o-y.

For the 1HFY2025/2026, earnings declined 67.8% y-o-y to $239 million.

This decline in earnings for the period under reporting is due to share of losses from Air India which were not included in the previous year, and a lower interest income drag down. SIA began equity accounting for Air India’s financial performance from December 2024 following the full integration of Vistara into Air India.

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