SINGAPORE: Singapore Airlines (SIA) Group’s net profit shrank to S$505 million (S$1=RM3.07) in the third quarter ended Dec 31, 2025 (3Q FY2026), down 68.9 per cent from S$1.63 billion recorded in the same quarter the preceding year.
The decline was primarily due to the absence of the one-off gain of S$1.09 billion recognised in the previous year from the disposal of Vistara, following the Air India-Vistara merger in November 2024.
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The Singapore national carrier’s revenue, however, expanded to S$5.51 billion from S$5.22 billion in the preceding year, the group said in a filing to the Singapore Exchange this week.
For the cumulative nine months of FY2026, SIA registered a lower net profit of S$743 million from S$2.37 billion, while revenue increased to S$15.18 billion from S$14.72 billion previously.
Meanwhile, the group said Malaysia Airlines Bhd and SIA have formalised a strategic joint business partnership, following approvals from the Competition and Consumer Commission of Singapore in July 2025 and the Civil Aviation Authority of Malaysia in January 2026.
“The partnership will be implemented progressively, with potential initiatives including revenue-sharing flights between the two countries, joint fare products, as well as coordinated flight schedules and joint corporate travel arrangements across both markets.
“These initiatives will strengthen both carriers’ operations and deliver enhanced value to customers across our combined networks, offering more travel choices and greater convenience for customers,” it said.
