The earnings call presents a mixed outlook for Singapore Airlines. While there are positive indicators such as revenue growth and strategic partnerships, significant challenges remain, including a substantial drop in profits and increased costs. The airline is strategically positioned in high-growth regions, but operational challenges, such as fleet delivery delays, continue to pose risks.
Company Guidance
The guidance provided in the Singapore Airlines Q2 2025 earnings call highlighted several key financial metrics and strategic initiatives. The airline reported an operating profit of $796 million for the first half of the fiscal year, which was a 49% decrease from the previous year. The operating profit margin stood at 8.4%, with revenue increasing by 3.7% year-on-year to $9.5 billion. Passenger capacity grew by 11%, while cargo capacity increased by 10.2%, leading to overall capacity growth of 10.6%. The passenger load factor was 86.4%, and cargo loads rose by 20%. The airline's net profit was $742 million, also down 49% year-on-year. The Board declared an interim dividend of 10%, consistent with the previous year. Singapore Airlines plans to end the financial year with an operating fleet of 204 aircraft, noting a delay in the delivery of five aircraft to 2025-2026. The company also emphasized its strategic focus on expanding partnerships, enhancing customer experience, and leveraging technology, including the adoption of Generative AI to improve operations.
Revenue Growth
The revenue for the first half came in at $9.5 billion, up 3.7% year-on-year, driven by higher passenger traffic and strong e-commerce demand boosting cargo revenue.
Cargo Performance
Cargo loads increased by 20% relative to a capacity increase of 10.2%, leading to load factors rising by 4.7 percentage points.
Strategic Partnerships and Fleet Expansion
Continued delivery of new aircraft for Scoot and ongoing strategic partnerships, including the merger of Air India and Vistara, with SIA holding a 25.1% stake.
Strong Load Factors
Load factors remained consistently strong, reflecting healthy demand expectations.
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Singapore Airlines (SINGY) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SINGY Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 08, 2024
$9.71
$9.61
-1.03%
Jul 31, 2024
$9.57
$9.70
+1.36%
May 15, 2024
$9.42
$9.41
-0.11%
Feb 20, 2024
$10.12
$10.22
+0.99%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Singapore Airlines Limited (SINGY) report earnings?
Singapore Airlines Limited (SINGY) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Singapore Airlines Limited (SINGY) earnings time?
Singapore Airlines Limited (SINGY) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.