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Air India losses narrow, but Singapore Airlines’ profit falls 44% as fuel costs rise
The Economic Times 8 hrs ago·11 Nov 2026, 10:05 am
Air India has reported a significant reduction in its financial losses, indicating that the airline's turnaround strategy is beginning to show results. This improvement comes as the carrier focuses on operational efficiency and cost management. Meanwhile, Singapore Airlines has reported a sharp drop in its quarterly profit, driven largely by a surge in global fuel prices. The Singaporean carrier's earnings were hit hard as fuel costs consumed a larger share of its revenue.
For investors, these contrasting reports highlight the varying impacts of rising fuel prices on airlines. While Air India’s narrowing losses suggest it is gaining traction, Singapore Airlines’ profit decline signals the broader challenges the industry faces. Fuel remains a critical cost driver, and its volatility can significantly affect profitability. Investors should monitor how airlines manage these costs and whether they can pass them on to consumers without hurting demand.
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