SINGAPORE, Jan 27, 2026, 15:39 SGT — Regular session
Singapore Airlines Ltd (C6L.SI) shares dipped on the Singapore Exchange Tuesday following reports that one of its Airbus A350 aircraft hit its tail while trying to land at Changi Airport. The stock slid roughly 0.5%, trading at S$6.41 compared to the prior close of S$6.44. Over the last year, the share price has fluctuated between S$5.90 and S$7.63.
No injuries were reported, but even a small incident can ground a plane for inspections and repairs, tightening capacity and driving up expenses. Investors tend to react swiftly when disruptions hit airline schedules or insurance costs spike.
The drop happened while Singapore shares gained ground, with the Straits Times Index climbing past 4,900 to hit a fresh peak at 4,912.46 in early trading, buoyed by bank stocks, The Business Times reported.
Channel News Asia reported that flight SQ917 from Manila experienced a “rejected landing” at 6:07 p.m. on Saturday due to windy conditions, resulting in the aircraft’s tail striking the runway—a so-called “tail strike” in aviation terms. The plane touched down safely roughly 25 minutes later and is now undergoing repairs, according to a Singapore Airlines spokesperson quoted by the broadcaster. CNA
Singapore Airlines didn’t say if the incident would lead to cancellations or affect its capacity plans. With a widebody network, the airline has minimal room to maneuver when a long-haul plane is taken out of service.
Macro traders are eyeing Thursday’s policy review by the Monetary Authority of Singapore, which manages policy via the exchange rate rather than interest rates. Out of 16 analysts surveyed by Reuters, 15 expect no change. Economist Intelligence Unit Asia’s Tay Qi Hang noted that “The Q4 2025 growth outperformance coupled with stable core inflation” has eased near-term pressure to loosen policy. Reuters
Oil prices slipped in Asian trading, with U.S. crude slipping to $60.28 a barrel and Brent falling to $64.34, according to an Associated Press market report. Since fuel often accounts for the largest expense for airlines, fluctuations in crude are closely watched by investors in travel stocks.
SIA reported a 1.9% increase in passenger traffic for December compared to the previous year, but the passenger load factor dipped 0.6 percentage point to 87.9%, The Business Times said. The airline group transported nearly 3.8 million passengers in December, marking a new high, the report noted.
DBS Group Research’s Jason Sum and Tabitha Foo took a cautious stance on Singapore Airlines this month, maintaining a neutral view due to ongoing competitive pressure in APAC and the drag from Air India at the associate level. They showed a clear preference instead for aviation service providers like ST Engineering and SATS.
The immediate question is if the Changi incident will remain isolated. Extended repairs or a regulator-driven review affecting operations could hit hard, especially with competition keeping fares subdued.
Traders are on alert for any remarks from the Civil Aviation Authority of Singapore regarding the incident, along with the MAS policy statement set for Thursday. Singapore Airlines faces a key date with its third-quarter business update on Feb. 24, followed by full-year results on May 14.
