Singapore, Feb 5, 2026, 15:10 (SGT) — Regular session
- Shares of Singapore Airlines climbed roughly 1.4% in afternoon trading in Singapore
- Boeing announced it has inked its biggest landing gear exchange deal to date with the SIA Group
- Investors are factoring in aircraft delivery delays as they await the airline’s upcoming business update later this month
Shares of Singapore Airlines Ltd (C6L.SI) climbed 1.4% to S$6.69 Thursday afternoon, following Boeing’s announcement of its largest landing-gear exchange deal with the airline group. The agreement, Boeing said, involves over 75 aircraft, including 737 MAX and 787 models, and aims to reduce maintenance downtime by swapping serviceable landing-gear units from a managed pool.
The shift unfolds as airline executives and suppliers pack the Singapore Airshow this week, grappling with supply-chain bottlenecks that have throttled new aircraft availability. “There is a mismatch of demand-supply,” Jeffrey Lam, president of ST Engineering’s commercial aerospace division, said at the event. Reuters
For equity investors, the message is clear: when planes are tough to swap out, fleet availability and disruption risk weigh as heavily as ticket prices. Services and spares have become a crucial form of insurance, especially for airlines with tight schedules.
Boeing’s senior VP at Boeing Global Services, William Ampofo, said the deal links Boeing’s inventory and distribution with the airline’s maintenance planning to “reduce downtime” and ensure “consistent, reliable service.” Financial details were not made public. MediaRoom
Delivery delays continue to weigh on the widebody market. Boeing admitted that setbacks with the 777X are forcing customers like Singapore Airlines to shoulder extra costs to keep older planes operational, The Business Times reported. A spokesperson for Singapore Airlines said the carrier has “built flexibility into our fleet plans,” including holding onto Boeing 777-300ERs. With 31 777-9s on order, the airline declined to discuss any financial impact or compensation, the report noted. The Business Times
The story includes some peers as well. Lufthansa is lined up as the launch carrier for the 777X, with Cathay Pacific and Emirates also standing by as major customers awaiting deliveries, the report says.
Traders are on alert for more airshow updates, especially those affecting fleet strategies, maintenance schedules, or route launches. With the supply chain still controlling what’s possible in the air, even minor signals can prompt swift moves from airlines.
Fuel remains a major wild card. Airline stocks relax as oil prices fall, but once they climb, investors quickly start recalculating the risks.
Singapore Airlines is gearing up to release its third-quarter business update on Feb. 24, per the airline’s financial calendar. Investors will zero in on demand, capacity, and costs as the fiscal year wraps up, plus any new developments around aircraft delivery schedules.
