Singapore Airlines May Not Fully Recover From Fuel Surge -- Market Talk
Dow Jones
Apr 06
1044 GMT - Singapore Airlines' earnings may be capped by higher fuel costs this fiscal year, says Raymond Yap, analyst at CGS International. The higher fares on Europe and Australia routes, where many dates are sold out, will help offset costs, but fare hikes for routes dominated by low-cost carriers will be limited due to price-sensitive customers, Yap notes. Air India, which SIA holds a stake in, is also expected to post wider losses amid limited fuel hedging and significant cuts to the Middle East routes. CGSI keeps a hold rating and trims its target price to S$6.77 from S$7.44. Shares last closed at S$6.62. (kimberley.kao@wsj.com)
(END) Dow Jones Newswires
April 06, 2026 06:44 ET (10:44 GMT)
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