Aviation Intelligence Database · Airline profile
Airline profile
Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.
At a glance
Latest reported period
Trends
Performance over time
Headline metrics and the gap between unit revenue and unit cost, FY2022 to the latest period.
Metrics
Full-year history
Analysis
What the numbers say
More detail
Additional disclosures
Guidance vs actual
Did the airline deliver?
What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.
Fleet & orders
Fleet composition
Key events
What moved the numbers
Peers
Compare with peers
FAQ
Frequently asked questions
Methodology
How to read this page
Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. The first 14 rows are the metrics used in the Airline Comparison tool.
- Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
- Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
- YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
- Operating margin is operating result ÷ revenue unless the company defines its own margin (marked D).
- Sources: annual reports, interim results and traffic statements. See Data & Research.
Text version of the Singapore Airlines data on this page
Singapore Airlines data snapshot
- Scope: Singapore Airlines Group financials; operating statistics for Singapore Airlines (parent airline, excl. Scoot)
- Region: Asia-Pacific
- Business model: Global network group
- Financial year end: 31 Mar
- Reporting currency: SGD
- Source: Annual reports, results presentations & quarterly business updates
- Latest period: Q2 2026
- Last updated: 2026-09-23
Latest read
Singapore Airlines has continued expanding passenger volumes while preserving very high load factors. The three-year unit-economics series shows RASK normalising from the post-reopening peak and ex-fuel unit cost gradually rising before improving again in the latest quarter.
Reported metrics by period
Annual results
- FY2025/26 (31 Mar 2026): Passengers: 27.693m (Parent airline); Revenue: S$20.52bn (Group revenue) [Group]; Operating profit / result: S$2.38bn op. (Group operating profit; +39%) [Group]; Operating margin: 11.6% (Group op. profit ÷ revenue) [Calculated]; Load factor: 86.9% (Parent airline); Capacity / ASK: 142.460bn ASK (Parent airline); RASK / yield: 10.0 S¢/ASK (RASK); CASK ex-fuel: 6.3 S¢ ex-fuel (Ex-fuel unit cost per ASK); Cash / liquidity: S$7.93bn (Cash, year-end) [Group]; Fleet size: 218 (SIA + Scoot incl. freighters) [Group]; Revenue passenger km (RPK): 123.799bn (Parent airline); Yield: 11.5 S¢/pkm (Passenger yield); Total CASK: 9.1 S¢/ASK (Unit cost); Net profit: S$1.18bn [Group]; Gross debt incl. leases: S$10.65bn (Year-end debt) [Group]; Firm orders outstanding: 65 (Aircraft on order, 7 May 2026). Source: Singapore Airlines financial results centre.
- FY2024/25 (31 Mar 2025): Passengers: 26.519m (Parent airline); Revenue: S$19.54bn (Group revenue) [Group]; Operating profit / result: S$1.71bn op. (Group operating profit) [Group]; Operating margin: 8.7% (Group op. profit ÷ revenue) [Calculated]; Load factor: 86.1% (Parent airline); Capacity / ASK: 139.652bn ASK (Parent airline); RASK / yield: 9.8 S¢/ASK (RASK); CASK ex-fuel: 6.0 S¢ ex-fuel (Ex-fuel unit cost per ASK); Revenue passenger km (RPK): 120.213bn (Parent airline); Yield: 11.4 S¢/pkm (Passenger yield); Total CASK: 9.1 S¢/ASK (Unit cost); Net profit: S$2.78bn (Net result included one-off accounting effects) [Group]. Source: Singapore Airlines annual reports.
- FY2023/24 (31 Mar 2024): Passengers: 23.741m (Parent airline); Revenue: S$19.01bn (Group revenue) [Group]; Operating profit / result: S$2.73bn op. (Group operating profit; post-reopening peak profitability) [Group]; Operating margin: 14.3% (Group op. profit ÷ revenue) [Calculated]; Load factor: 87.1% (Parent airline); Capacity / ASK: 126.241bn ASK (Parent airline); RASK / yield: 10.6 S¢/ASK (RASK); CASK ex-fuel: 5.8 S¢ ex-fuel (Ex-fuel unit cost per ASK); Revenue passenger km (RPK): 109.943bn (Parent airline); Yield: 12.1 S¢/pkm (Passenger yield); Total CASK: 9.0 S¢/ASK (Unit cost). Source: Singapore Airlines annual reports.
Quarterly and interim results
- Q1 FY2026/27 (30 Jun 2026): Passengers: 7.099m (Parent airline; +4.1% YoY); Revenue: S$5.714bn (Group revenue; +19.3% YoY) [Group]; Operating profit / result: S$105.5m op. (Group operating profit; fuel-cost pressure) [Group]; Operating margin: 1.8% (Group op. profit ÷ revenue) [Calculated]; Load factor: 86.2% (Parent airline); Capacity / ASK: 36.49bn ASK (Parent airline); RASK / yield: 10.7 S¢/ASK (RASK, parent airline); CASK ex-fuel: 5.9 S¢ ex-fuel (Improved versus FY25/26); Cash / liquidity: S$9.10bn (Cash & bank balances; plus S$1.38bn longer-term deposits) [Group]; Net debt / cash / leverage: 0.65× (Debt / equity) [Defined]; Revenue passenger km (RPK): 31.45bn (Parent airline); Yield: 12.4 S¢/pkm (Higher YoY); Gross debt incl. leases: S$10.74bn (Total debt) [Group]; Net debt ÷ EBITDA: 0.65× (Debt / equity) [Defined]. Source: Q1 FY2026/27 business update.
- Q1 FY2025/26 (30 Jun 2025): Passengers: ≈6.82m (Derived from reported +4.1% Q1 FY2026/27 change) [Calculated]; Revenue: ≈S$4.79bn (Derived from reported +19.3% Q1 FY2026/27 change) [Calculated].
Fleet
Total fleet: 218 aircraft (as of FY2025/26). Group fleet covers Singapore Airlines and Scoot, including freighters.
| Fleet fact | Value | Context |
|---|---|---|
| Group fleet | 218 | SIA + Scoot incl. freighters |
| Aircraft on order | 65 | 7 May 2026 |
| Brands | Singapore Airlines and Scoot | Premium long-haul model plus lower-cost network |
Group financial history
S$ billion unless stated otherwise. Financial year ends 31 March.
| Year | Group revenue | Operating profit | Net profit | Context |
|---|---|---|---|---|
| FY2023/24 | 19.01 | 2.73 | Not added | Post-reopening peak profitability |
| FY2024/25 | 19.54 | 1.71 | 2.78 | Net result included one-off accounting effects |
| FY2025/26 | 20.52 | 2.38 | 1.18 | Operating profit +39% |
Singapore Airlines passenger unit economics
| Year | Passengers | RPK | ASK | Load factor | Yield | RASK | Unit cost | Ex-fuel unit cost |
|---|---|---|---|---|---|---|---|---|
| FY2023/24 | 23.741m | 109.943bn | 126.241bn | 87.1% | 12.1 S¢/pkm | 10.6 S¢/ASK | 9.0 S¢/ASK | 5.8 S¢/ASK |
| FY2024/25 | 26.519m | 120.213bn | 139.652bn | 86.1% | 11.4 S¢/pkm | 9.8 S¢/ASK | 9.1 S¢/ASK | 6.0 S¢/ASK |
| FY2025/26 | 27.693m | 123.799bn | 142.460bn | 86.9% | 11.5 S¢/pkm | 10.0 S¢/ASK | 9.1 S¢/ASK | 6.3 S¢/ASK |
Operating statistics above are for Singapore Airlines, not the consolidated Group. Scoot is not blended into the parent-airline ASK/RPK series.
Q1 FY2026/27 operating snapshot
| Metric | Q1 FY2026/27 | Context |
|---|---|---|
| Group revenue | S$5.714bn | +19.3% YoY |
| Group operating profit | S$105.5m | fuel-cost pressure |
| SIA passengers | 7.099m | +4.1% |
| RPK | 31.45bn | parent airline |
| ASK | 36.49bn | parent airline |
| Load factor | 86.2% | parent airline |
| Yield | 12.4 S¢/pkm | higher YoY |
| RASK | 10.7 S¢/ASK | parent airline |
| Unit cost ex-fuel | 5.9 S¢/ASK | improved versus FY25/26 |
Balance sheet
| Metric | Value | Context |
|---|---|---|
| Cash & bank balances | S$9.10bn | Latest |
| Longer-term deposits | S$1.38bn | Latest |
| Total debt | S$10.74bn | Latest |
| Debt / equity | 0.65× | Latest |
| FY25/26 cash | S$7.93bn | Year-end |
| FY25/26 debt | S$10.65bn | Group |
| Group fleet | 218 | SIA + Scoot incl. freighters |
| Aircraft on order | 65 | 7 May 2026 |
Balance sheet and scope
The Group combines one of the sector’s stronger liquidity positions with a premium long-haul model and Scoot’s lower-cost network. That makes scope important: financials are Group-level, while the operating series is deliberately kept at Singapore Airlines parent-airline level.
Disclosure policy
Group P&L and airline operating statistics are never blended into a synthetic unit metric. Original Singapore-dollar and S¢/ASK measures are retained.
Sources and methodology
Singapore Airlines Group annual reports, results presentations and quarterly business updates. Group margins are calculated as Group operating profit ÷ Group revenue. Q1 FY2025/26 revenue and passengers are derived from the reported Q1 FY2026/27 year-on-year changes.
Outlook
What to watch:
- Yield: whether premium pricing holds as capacity expands.
- Ex-fuel unit cost: the key controllable cost line after the latest improvement.
- Fuel: the biggest near-term earnings headwind in Q1.
- Air India: associate losses and their effect on Group net income.
- Dual-brand growth: capacity allocation between Singapore Airlines and Scoot.
Peers
- Cathay Pacific — Global network · Asia-Pacific
- Qantas — Global network group · Asia-Pacific
- Emirates — Global network · Middle East