Singapore, Jan 28, 2026, 15:16 SGT — Regular session
- Shares of Singapore Airlines slipped 0.6% to S$6.34 by mid-afternoon.
- Carrier expands March–October “Northern Summer” schedule with added flights on routes such as Bangkok, Yangon, and Surabaya
- Oil prices held steady, keeping fuel costs in the spotlight ahead of the February 24 business update
Shares of Singapore Airlines Ltd slipped 0.6% to S$6.34 in mid-afternoon trading on Wednesday. The airline revealed plans to boost capacity for its March-to-October “Northern Summer” schedule. So far today, the stock has fluctuated between S$6.32 and S$6.39, retreating from Tuesday’s close at S$6.38. Its 52-week range stands at S$5.90 to S$7.63. 1
The schedule change is significant since airlines book most seats for the March–October season well in advance, and even minor adjustments can impact fares and profit margins. For Singapore Airlines, the route mix is crucial as well: business-class demand usually drives higher profits, whereas short-haul flights are more volatile when it comes to pricing.
Fuel remains a key factor. Brent crude climbed 0.4% to roughly $67.85 a barrel Wednesday, following a nearly 3% surge the day before that rattled airlines’ cost outlook. “Once supply fears ease, selling pressure is likely to return,” Toshitaka Tazawa, an analyst at Fujitomi Securities, wrote in a note on the oil market. 2
Singapore Airlines will boost its Singapore-Bangkok service to seven flights daily starting March 29. From March 31, Yangon flights will increase to 10 per week. The airline also intends to ramp up flights to Surabaya and Colombo. On top of that, the Airbus A380 will be deployed on the Singapore-Dubai route for the season, driven by strong demand in premium cabins. “These adjustments provide customers with more travel options and improved connectivity,” said Dai Haoyu, the airline’s senior vice president for marketing planning. 3
In the short term, the carrier warned of potential disruptions linked to the Singapore Airshow. Between Jan 29 and Feb 8, it plans to cancel or reschedule certain flights because of temporary airspace restrictions. Affected passengers will be rebooked or offered refunds, The Business Times reported. 4
Singapore’s broader market showed strength for now. The Straits Times Index ended Tuesday at 4,923.02, gaining 1.3%. Phillip Securities Research analyst Chong Yik Ban told The Straits Times that the boost came from “a flight to safe havens” and upbeat sentiment ahead of U.S. Big Tech earnings. 5
Still, expanding capacity isn’t without risks. If fuel prices hold steady and fare wars intensify, the added seats could drag down yields. The airline has also cautioned that its aircraft deployment might change due to operational and regulatory hurdles.
Investors are eyeing the company’s next business update on Feb 24 for sharper insight into demand and pricing as the peak season approaches. This report will likely influence how traders approach the summer schedule shifts — and whether rising fuel costs begin to have an impact. 6
