Air India Express Archives

Singapore: Singapore Airlines (SIA) Group reported a sharp 57.4 per cent decline in annual net profit for the financial year ended March 31, 2026, as mounting losses at Air India and the absence of a one-time accounting gain from the Vistara merger weighed heavily on the carrier’s bottom line. The airline group posted a net profit of SGD 1.184 billion for FY2025/26, down from SGD 2.778 billion recorded a year earlier. Despite the steep fall in earnings, SIA’s core airline operations remained strong, with the group posting record revenue and higher operating profit driven by sustained passenger demand and network expansion. According to SIA’s earnings report, the biggest factor behind the profit decline was the absence of the SGD 1.098 billion non-cash accounting gain booked in November 2024 following the completion of the Air India-Vistara merger. The previous year’s results had been significantly boosted by that one-off gain after SIA’s stake in Vistara was converted into a 25.1 per cent shareholding in the enlarged Air India Group. At the same time, SIA swung from reporting profits from associated companies last year to posting a SGD 846 million share of losses in FY26, mainly due to Air India’s worsening financial performance. The airline said this year’s accounts reflected a full year of Air India losses, compared to only four months in the previous financial year after the merger completion. Financial disclosures from Singapore Airlines indicated that Air India Group, comprising Air India and Air India Express, recorded losses of approximately SGD 3.56 billion, equivalent to around USD 2.8 billion or more than ₹26,000 crore during FY2025/26. Some reports estimated the losses could be even higher at nearly ₹28,300 crore depending on accounting adjustments and currency conversion methods. The losses mark Air India’s largest annual financial setback since the Tata Group reacquired the airline in 2022. Air India has not yet officially released its standalone FY26 financial statements. Singapore Airlines attributed Air India’s financial pressure to multiple operational and geopolitical challenges, including elevated jet fuel prices, Middle East airspace restrictions, supply-chain disruptions, aircraft delivery delays, and the continued closure of Pakistani airspace for Indian airlines. These factors forced Air India to reroute several long-haul flights, increasing fuel burn and operating costs. The impact of the Iran conflict and the closure of the Strait of Hormuz also emerged as a major concern for SIA itself. The airline warned that higher jet fuel prices resulting from the conflict are expected to weigh more heavily on earnings in the coming fiscal year because fuel costs are reflected on a lagged basis. Air India recently announced significant reductions to its international operations between June and August 2026, including suspending services on several overseas routes and reducing frequencies to destinations in Europe and North America. Routes affected include Delhi-Chicago, Mumbai-New York, and Delhi-Shanghai, while services to Paris, Milan, and Rome are also being reduced. Despite the financial turbulence, Singapore Airlines reiterated its long-term commitment to Air India and described the investment as a “core component” of its multi-hub strategy. The group said its partnership with Tata Sons provides direct access to one of the world’s fastest-growing aviation markets while complementing SIA’s Singapore hub operations. SIA stated that Air India continues to make progress in its fleet renewal and aircraft retrofit programme, customer experience initiatives, and operational performance improvements despite the difficult environment. While net profit fell sharply, Singapore Airlines’ operational performance remained resilient. Group revenue rose five per cent year-on-year to a record SGD 20.55 billion, supported by strong passenger demand, higher yields, and robust travel flows across Asia and Europe. Operating profit climbed 39 per cent to approximately SGD 2.52 billion, and the airline carried a record 42.4 million passengers during the year. The airline also maintained expansion plans despite industry pressures. Reuters reported that SIA intends to continue adding capacity and launching new services, including flights connecting Singapore and Madrid via Barcelona, while increasing frequencies to Manchester, Milan, Munich, and London Gatwick.

Singapore Airlines Profit Drops 57.4% Amid Air India Losses & Missing Vistara Merger Gain

Aviation Today News Desk / May 15, 2026

Singapore: Singapore Airlines (SIA) Group reported a sharp 57.4 per cent decline in annual net profit for the financial year […]

Air India

Air India CEO Campbell Wilson Steps Down Amid Financial, Operational Pressures

Aviation Today News Desk / April 7, 2026

New Delhi, India: Air India has officially announced that its Chief Executive Officer and Managing Director Campbell Wilson has stepped

Airports

Drone Strike Near Dubai Airport Triggers Fire & Flight Suspensions Amid Gulf Crisis

Aviation Today News Desk / March 17, 2026

Dubai, United Arab Emirates: An Iranian drone strike near Dubai International Airport triggered a major fuel tank fire on March

India

IndiGo Tops India In Pilot Numbers But Has Lowest Pilot-To-Aircraft Ratio At 7.6

Aviation Today News Desk / March 13, 2026

New Delhi, India: India’s largest airline IndiGo has the lowest pilot-to-aircraft ratio among domestic carriers, the government informed Parliament, highlighting

Incidents

Air India Express Boeing 737 MAX Suffers Nose Gear Damage After Hard Landing In Phuket

Aviation Today News Desk / March 11, 2026

Phuket, Thailand: An Air India Express flight operating from Hyderabad to Phuket suffered damage to its nose landing gear after

Middle East

US–Israel–Iran War Trigggers Widespread Airspace Closures, 4,000+ Flight Cancellations

Aviation Today News Desk / March 2, 2026

Middle East: Global air travel faced unprecedented disruption this weekend after the United States and Israel launched a large-scale attack

India

DGCA Says 377 Of 754 Indian Commercial Aircrafts Show Recurring Technical Defects

Aviation Today News Desk / February 6, 2026

Delhi, India: Nearly 50% of Indian commercial aircraft audited by the Directorate General of Civil Aviation (DGCA) have been identified

Kochi, India: An Air India Express flight operating from Jeddah to Kozhikode made an emergency landing at Kochi’s Cochin International Airport on Thursday after a suspected landing gear tyre failure was detected mid-flight, airport and airline officials confirmed. The Boeing 737 aircraft was diverted to Kochi as a precaution after the flight crew received an alert indicating a technical issue related to the landing gear. Emergency response protocols were immediately activated at the airport, and the aircraft landed safely without incident. All passengers and crew disembarked safely, with no injuries reported. Airport authorities said fire and rescue services were deployed along the runway as part of standard safety measures. Post-landing inspections confirmed damage to one of the aircraft’s tyres, following which the aircraft was grounded for detailed technical checks. Air India Express said passenger safety remained its top priority and that alternative arrangements were made to transport passengers to Kozhikode. Some passengers were accommodated on subsequent flights, while others were transported by road. Operations at Kochi airport continued normally after a brief precautionary disruption. The airline has initiated a comprehensive technical assessment of the aircraft in accordance with regulatory requirements. The Directorate General of Civil Aviation (DGCA) is expected to review the incident as part of routine oversight procedures applicable to technical diversions.

Incidents

Air India Express Flight Diverts To Kochi After Suspected Landing Gear Tyre Issue

Aviation Today News Desk / December 18, 2025

Kochi, India: An Air India Express flight operating from Jeddah to Kozhikode made an emergency landing at Kochi’s Cochin International

New Delhi, India: An Air India flight operating from Delhi to Ahmedabad made a precautionary return to the national capital shortly after take-off on Thursday after a smoke indication alert was triggered in the aircraft’s cargo hold. All passengers and crew were safely deboarded, and the alert was later confirmed to be false. The incident involved Flight AI2939, which departed from Indira Gandhi International Airport for Ahmedabad with around 170 people onboard. Moments after take-off, the cockpit crew received a smoke warning from the cargo compartment and immediately followed emergency safety procedures, aborting the climb and turning back to Delhi. The aircraft landed safely without any injuries or technical damage. Air India engineers conducted a detailed inspection after landing and found no trace of smoke or fire, confirming that the alert was a technical false indication. In an official statement, Air India said the flight crew acted strictly as per standard operating procedures and prioritised passenger safety. The airline arranged an alternate aircraft to ferry the affected passengers to Ahmedabad, resulting in a delay of approximately four hours. “Passenger safety is always our top priority. Our ground team ensured immediate assistance and alternative travel arrangements for all passengers,” an Air India spokesperson said, apologising for the inconvenience. A day before the Delhi-Ahmedabad Air India incident, an Air India Express flight from Guwahati to Hyderabad, IX 2884, was cancelled after being delayed for over four hours due to what the airline termed “unforeseen operational reasons.

Incidents

Air India Delhi–Ahmedabad Flight Returns After Smoke Alert, All Passengers Remain Safe

Aviation Today News Desk / November 28, 2025

New Delhi, India: An Air India flight operating from Delhi to Ahmedabad made a precautionary return to the national capital

Airports

Bomb Threat Email To IndiGo Sparks High Alert, Security Tightened At 5 Major Airports

Aviation Today News Desk / November 13, 2025

New Delhi, India: A bomb threat email sent to IndiGo Airlines on Tuesday sparked a high-security alert across five major

Air India Express

Singapore Airlines Profit Drops 57.4% Amid Air India Losses & Missing Vistara Merger Gain

Air India CEO Campbell Wilson Steps Down Amid Financial, Operational Pressures

Drone Strike Near Dubai Airport Triggers Fire & Flight Suspensions Amid Gulf Crisis

IndiGo Tops India In Pilot Numbers But Has Lowest Pilot-To-Aircraft Ratio At 7.6

Air India Express Boeing 737 MAX Suffers Nose Gear Damage After Hard Landing In Phuket

US–Israel–Iran War Trigggers Widespread Airspace Closures, 4,000+ Flight Cancellations

DGCA Says 377 Of 754 Indian Commercial Aircrafts Show Recurring Technical Defects

Air India Express Flight Diverts To Kochi After Suspected Landing Gear Tyre Issue

Air India Delhi–Ahmedabad Flight Returns After Smoke Alert, All Passengers Remain Safe

Bomb Threat Email To IndiGo Sparks High Alert, Security Tightened At 5 Major Airports

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