SIA Record Revenue! But Profit Declines, Does One-Off Effect Matter?

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.

avatarECLC
02-28 19:53
Think short-term leans towards limited bullish wrt yield improvement.
avatarECLC
02-28 19:01
$SIA(C6L.SI)$  What matters is SIA still "A Great Way to Fly".
avatarkoolgal
02-28 06:45
🌟🌟🌟It is so heartening to see that Singapore Airlines $SIA(C6L.SI)$ taking off to  the skies with a 7 month high of SGD 7.19.  This is a validation of a Singapore icon that never lost its core identity even in the toughest of skies. SIA has just delivered a breathtaking SGD 5.51 billion in its latest quarterly revenue - the highest ever recorded.  With a 87.5% load factor, customers are choosing the SIA Experience as a great way to fly, paying extra for the premium experience. The SGD 178 Millon hit from Air India is simply the cost of building a global aerial empire.  It is expected that by 2028, Air India may become the ultimate "alpha engine" of growth for SIA. With a current dividend yield of 4.8%, investors receive a g
avatarAqa
02-28 00:07
✈️ $SIA(C6L.SI)$ is undoubtedly still on my watchlist. The good news from the glittering revenue may already been priced in, and Air India's losses is still a “black hole”. In addition, SIA’s' "high-price strategy"’s viability is yet to be proven. The growth in SIA’s passenger yield suggests SIA has regained pricing power. SIA's Premiumisation strategy is paying off, and this pricing edge is expected to hold through this year, offsetting cargo weakness. Thanks @Tiger_SG @TigerStars @Tiger_Champs @Tiger_comments
avatarcashin
02-27 08:55
$SIA(C6L.SI)$  finally after a long time. Can it hold and how long
avatarTimothyX
02-26 21:16
According to the 3QFY2026 (third quarter) results, SIA delivered a set of paradoxical figures: Revenue: Reached S$5.51 billion, up 5.5% year-on-year, setting a new quarterly record. Net Profit: S$505 million, a year-on-year plunge of 68.9%.
avatarMrzorro
02-26 20:22
I think the good news is already priced in and Air India's losses are "temporary growing pains". For future SIA’s "High-Price Strategy" might not work out due to competitive pressure.  $SIA(C6L.SI)$ no doubt will be one of my targets.
avatarLanceljx
02-26 19:09
SIA is no longer a reopening trade. Most good news, strong travel demand, high yields, and record revenue, is largely priced in. The stock now trades on earnings stability and dividend visibility, not growth surprise. Upside exists but is likely gradual rather than explosive. Air India losses look more like long-term restructuring costs than structural failure. India’s aviation market is attractive, but airline turnarounds typically take 5–7 years, so earnings drag may persist near term. SIA’s high-price strategy can likely hold through 2026 due to premium branding and hub advantage, but industry capacity is returning. As competitors expand, yields may slowly normalise rather than collapse. Overall: quality cyclical, not peak panic nor early-cycle bargain.
avatarShyon
02-26 18:12
This week, my focus is on $SIA(C6L.SI)$ after it hit a seven-month high of S$7.19. While net profit plunged due to last year’s one-off gain, the core business actually improved. Record revenue and a 1.9% rise in passenger yield stand out to me — in a competitive environment, regaining pricing power signals real strength in SIA’s premium positioning. To me, that yield pivot is the most important indicator this quarter. Of course, risks remain. Losses from Air India and weaker cargo demand are clear drags. I see Air India more as long-term strategic pain rather than structural damage, but the timeline for improvement will be key to sentiment. At current lev
avatarTiger_SG
02-26 16:33

SIA Revenue Record High & Yield Recovery! Is It Entering Second Spring?

This Wednesday, $SIA(C6L.SI)$ surged to a seven-month intraday high of S$7.19. Despite intensifying industry competition and downward pressure on pricing, SIA's Passenger Yield unexpectedly staged a turnaround. Is this a short-term technical bounce, or the starting gun for a new bull cycle? 1. Record Revenue vs. "Halved" Profit? The Biggest Surprise is Yield Pivot According to the 3QFY2026 (third quarter) results, SIA delivered a set of paradoxical figures: Revenue: Reached S$5.51 billion, up 5.5% year-on-year, setting a new quarterly record. Net Profit: S$505 million, a year-on-year plunge of 68.9%. The profit crash was not due to poor operations, but rather a high base effect. Last year’s quarter included a S$1.1 billion one-off accounting gai
SIA Revenue Record High & Yield Recovery! Is It Entering Second Spring?
avatarmoliya
02-26 15:18
avatarmoliya
02-26 15:17
$SIA(C6L.SI)$   Airlines have tough competition and also now a days highly competitive with budget airways. Airline also have to pay fees for airport uses and hanger uses, whether budget or premium airways still pay fuel cost airport fees, Despite all these  SIS with it's premium service have achieved greater revenue by it with lesses profit margin Keep it up SIA you can outshine....