C6L.SI
SGX50SESSingapore Airlines Limited
Industrials · Airlines · Singapore
Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, Europe, South West Pacific, the Americas, West Asia and Africa, and internationally. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments. The company offers engineering services, pilot training services, air charters, and related services; tour activities; refurbishes aircraft galleys; payment and lifestyle reward app; and sells merchandise. It also provides aircraft maintenance services, including technical and non-technical handling at the airport; line maintenance services; maintenance, repair, and overhaul of aircraft and cabin components/systems; fleet management; repair and overhaul of hydromechanical equipment; aviation insurance; and airframe maintenance and overhaul services, as well as manufactures aircraft cabin equipment and tooling for the aerospace industry. In addition, the company offers marketing and supporting portal services for the air cargo industry, as well as travel-related retail services; and payment and related services. Further, it provides travel booking and related services through an online portal; marketing of cargo community system; corporate support; aviation insurance; and educational support services. Singapore Airlines Limited was founded in 1947 and is based in Singapore.
www.singaporeair.com ↗Shares trade at a moderate 20.1× trailing earnings, easing to 21.0× on forward estimates. Profitability shows a net margin of 5.8% and return on equity of 7.2%. Leverage is modest at 0.1× net debt/EBITDA. Revenue grew 8.0% year-on-year. It yields 5.8% in dividends. The mean analyst target of SGD6.59 sits 13.5% below the current price (Hold, 14 analysts).
business model
Singapore Airlines (SIA) is a full-service international airline anchored at Changi Airport, operating a premium mainline carrier alongside low-cost subsidiary Scoot to serve different market segments. It earns mainly from passenger transport, supplemented by cargo and aircraft engineering, reporting in SGD.
revenue segments
Revenue comes principally from passenger flying (SIA mainline premium/full-service plus Scoot budget operations), air cargo, and engineering/MRO services. It also books share of profits from associates, notably its roughly 25.1% stake in the enlarged Air India following the Vistara merger.
key dependencies
It depends on international travel demand, jet fuel prices and hedging, Changi's hub connectivity, premium-cabin and corporate traffic, and open air-service agreements. As a hub-and-spoke carrier without a large domestic market it relies heavily on transfer traffic.
competitors
Competitors include Gulf carriers (Emirates, Qatar Airways, Etihad), Cathay Pacific, regional full-service airlines, Chinese carriers, and low-cost competitors like AirAsia and Jetstar for Scoot.
moat
Its moat comes from a premium global brand and service reputation, a strong Changi hub position, a modern fuel-efficient fleet, and dual-brand coverage of premium and budget segments.
risks
Risks include fuel-price volatility, cyclical and geopolitically sensitive demand, intense long-haul competition, capacity/yield pressure, and reliance on a single hub with no domestic base.
Financials & metrics
as of 04 Jul 2026Price is closer to the high end of its range. Green = nearer the yearly low, red = nearer the high — a position indicator, not a buy/sell signal.
Tap any metric for an explanation.● provider● computedN/A not available from source
Income-statement history isn't available for this security.
Dividends
This company does not currently pay a dividend.
Analyst assessment
as of 04 Jul 2026Aggregate consensus only. Named per-analyst targets require a premium source and are not shown; the data model is ready to hold them if one is added.