Air India's $2.8B loss drags Singapore Airlines profit down 57% in FY26
Singapore Airlines' FY26 net profit slumped 57% to S$1.28 billion, weighed down by its $2.8 billion share of Air India losses. The Tata-owned carrier's losses widened amid fleet renewal, Vistara integration costs, and aggressive network expansion in a multi-year turnaround push.
Singapore Airlines' FY26 profit fell 57% to S$1.28 billion, dragged by $2.8 billion share of Air India losses. Tata-owned Air India's losses widened amid fleet renewal, Vistara integration, and network expansion in its multi-year turnaround.