Singapore Airlines share price up 2% as Riyadh flights and green jet fuel trial come into view
4 February 2026

Singapore Airlines share price up 2% as Riyadh flights and green jet fuel trial come into view

Singapore, Feb 4, 2026, 14:51 SGT — Regular session.

  • Shares of Singapore Airlines climbed 2%, reaching S$6.61 in afternoon trading.
  • Starting in June, the carrier intends to operate non-stop Singapore–Riyadh flights four times a week, pending regulatory approval.
  • Singapore plans to trial a national sustainable aviation fuel procurement system, with SIA joining eight other participants.

Singapore Airlines shares gained 2%, reaching S$6.61 by 2:27 p.m. in Singapore. Roughly 8.2 million shares changed hands, with prices swinging between S$6.46 and S$6.69 during the day. The Straits Times index edged up around 0.1%.

The stock’s move shifts focus to the core drivers for airlines: routes, fuel, and capacity. Singapore Airlines grabbed headlines this week, unveiling a new Middle East route and stepping into a regional effort to promote greener jet fuel.

The Singapore Airshow is drawing airline leaders and aircraft manufacturers together to discuss growth amid ongoing bottlenecks. Over 1,000 companies are participating in the biennial event. Asia-Pacific passenger traffic is forecast to rise 7.3% in 2026, despite supply chain issues delaying plane deliveries, Reuters reported.

Singapore Airlines announced on Monday it plans to start four weekly non-stop flights between Singapore and Riyadh in June. The route will use the Airbus A350-900, fitted with 303 seats. Chief Commercial Officer Lee Lik Hsin highlighted the decision comes as Riyadh experiences a “thriving business environment and ambitious development.” Singapore Airlines

Aviation data site AeroRoutes noted that the Singapore–Riyadh route hadn’t been served since August 2014.

Singapore plans to run its inaugural test of the national sustainable aviation fuel procurement system this year, involving nine companies, according to Business Times. The Civil Aviation Authority of Singapore and the Singapore Sustainable Aviation Fuel Company inked a memorandum of understanding at the Changi Aviation Summit on Feb. 2. Notably, Singapore Airlines and Scoot are part of the initiative.

Sustainable aviation fuel, or SAF, offers a lower-carbon option compared to traditional jet fuel, but it remains scarce and generally more expensive. IATA director general Willie Walsh pointed to shortages of efficient new planes and SAF as key factors pushing up costs. He warned that reaching net zero emissions by 2050 is “definitely becoming more challenging.” Reuters

Maintenance and parts supply remain a bottleneck. RTX’s Collins Aerospace has extended its FlightSense maintenance services deal with Singapore Airlines for the airline’s Boeing 777 fleet. The new agreement adds five years and now covers 27 aircraft, including five 777 freighters. Collins executive Ryan Hudson emphasized their focus on “trust, innovation, and reliability.” Investing.com

Investors are focused on whether network expansion can sustain passenger yields while costs remain stubborn. Fuel prices and currency fluctuations continue to pose significant risks for a long-haul carrier.

But clear risks remain. The Riyadh launch hinges on regulatory green lights, while supply-chain hold-ups could force older planes and engines to stay active longer, driving up maintenance expenses and throwing emissions targets off track.

Singapore Airlines plans to release its third-quarter FY2025/26 business update on Tuesday, Feb. 24, after the market closes, according to an SGX filing. Investors will focus on any indications of capacity, demand, and costs as the northern summer travel season approaches.

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Buy

Alphabet

Alphabet (NASDAQ:GOOGL) 92/100 ★★★★★
#2 Buy

Amazon

Amazon (NASDAQ:AMZN) 90/100 ★★★★★
#3 Accumulate

NVIDIA

Nvidia (NASDAQ:NVDA) 89/100 ★★★★½
#4 Accumulate

Microsoft

Microsoft (NASDAQ:MSFT) 86/100 ★★★★☆
#5 Selective buy

Meta Platforms

Meta Platforms (NASDAQ:META) 84/100 ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Empire State Manufacturing

A figure above or below the 12.0 consensus could impact Treasury yields, the dollar, and cyclical stocks by influencing short-term growth outlooks.

#2

NAHB Housing Sentiment

A reading above or below 33 will influence expectations for housing demand, mortgage rate trends, and homebuilder stocks.

#3

Fabrinet After the Close

Investors are focusing on revenue, margins, and comments on datacom as key factors for companies involved in optical networking and AI infrastructure supply chains.

View full calendar
Times and estimates may change. Verify before trading.
Stock Market Today 04.02.2026
Previous Story

Stock Market Today 04.02.2026

Navitas Semiconductor stock jumps 19% into weekend — here’s what could move NVTS next week
Next Story

Navitas Semiconductor stock jumps 19% into weekend — here’s what could move NVTS next week