Singapore Airlines (SIA) reported a net profit of S$209.7 million for the second quarter of 2026, driven by a lower share of losses from its stake in Air India. The airline's Q2 revenue rose 14.3% to a record S$5.6 billion, while operating profit increased 16.3% to S$463.7 million.

For the first half of 2026, SIA's net profit fell 43.9% to S$133.9 million, despite a 16.8% rise in H1 revenue to S$11.3 billion. The Q2 results were supported by a lower share of losses from Air India, which stood at S$361.7 million (about $283 million) for April–September, down from S$429.5 million a year earlier, as reported by Mint. SIA holds a 25.1% stake in Air India.

SIA also declared an interim ordinary dividend of S$0.02 and a special dividend of S$0.05 per share for Q2. The dividends will be paid on 11 December 2026. In the first half of the year, SIA's basic earnings per share stood at S$0.043.

SIA hedged fuel costs and recorded hedging gains of S$355 million in Q2, partly offsetting higher jet-fuel prices. Separately, Air India's FY26 consolidated net loss was reported at ₹22,238 crore.

Despite these losses, SIA and Tata Sons continue to support Air India's transformation, with the latter estimating that the airline's turnaround could take 5 to 10 years.