SIA - UOB Kay Hian 2025-06-17: Expect Decent 1QFY26 Earnings Performance

• We forecast that Singapore Airlines (SIA) would deliver a steady 1QFY26 core net profit of S$400m-500m, broadly comparable y-o-y.
• The closure of Jetstar Asia presents an opportunity for SIA/Scoot to capture additional market share at Changi Airport. However, rising geopolitical tensions in the Middle East pose upside risks to jet fuel prices.

SIA's May 2025 Operating Data In Line.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

1QFY26 results preview: Expecting a net profit of S$400m-500m, largely comparable y-o-y.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Read also UOB's most recent report:
2026-02-03 SIA 3QFY25 Earnings Preview - Core Earnings To Bottom Out Qoq; Improved Outlook On Pax Yield Stabilisation.

Previous report by UOB:
2025-11-17 Singapore Airlines 2QFY26 - Results In Line; Capital Return Scheme To Support Dividend Yields.

Price targets by 3 other brokers at SIA Target Prices.

Listing of research reports at SIA Analyst Reports.

Relevant links:
SIA Share Price History,
SIA Announcements,
SIA Dividend Payout Dates & Corporate Actions,
SIA News