Singapore Airlines Half-Year Profits Plummet After Air India Losses

Singapore Airlines Group has reported a fall in profits over the first half of FY2025, driven by losses at Indian national carrier Air India, in which SIA Group holds a 25% stake. The company also cited lower interest income and stronger competition driving down yields, which led to a year-on-year drop in net profit from $742 million to $239 million, representing a 67% reduction.