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Singapore Airlines stock slips as traders circle Feb 24 business update
10 February 2026
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Singapore Airlines stock slips as traders circle Feb 24 business update

Singapore, Feb 10, 2026, 15:14 SGT — Regular session

Shares of Singapore Airlines Ltd (SGX:C6L) dipped 0.3% to S$6.78 as of 3:10 p.m., swinging between S$6.72 and S$6.85 during the session. Roughly 3.5 million shares traded hands. The Straits Times Index in Singapore slipped 0.1% in afternoon moves. SG Investors

The focus shifts to what lies ahead as shares slip. Singapore Airlines, often seen as a gauge for travel demand in this market, tends to react sharply when it updates guidance or revises its cost outlook.

Fuel’s unpredictable streak continues. Oil prices dipped on Tuesday, pulling back from Monday’s jump after the U.S. issued a warning for commercial ships to avoid Iranian waters close to the Strait of Hormuz—an essential route for world crude. “Lingering uncertainty … has kept a modest risk premium intact,” IG analyst Tony Sycamore said. Reuters

Shares closed at S$6.80 on Monday, up roughly 1.5% for the session. Pricing data indicated the stock reached as high as S$6.85. Investing.com

Airlines react fast to swings in crude, given jet fuel eats up a big slice of their costs. Yields matter, too: that’s the average fare per kilometre, and even a minor tweak there can jolt profit forecasts.

Traders spent Tuesday adjusting positions rather than responding to new company developments. Oil prices, risk appetite, and sentiment around travel are steering the market as the session winds down.

The risks aren’t new: fuel prices could spike, or that 25.1% holding in Air India might weigh even heavier. That stake’s already a headache for results. Back in November, Singapore Airlines posted a 68% plunge in first-half profit, blaming Air India’s red ink, swelling costs, and stiffer rivals. Morningstar’s Lorraine Tan chalked up “much of the decline” to passenger yields coming back to earth after the post-pandemic lift. Reuters

Eyes now turn to Feb. 24. That’s when Singapore Airlines unveils its third-quarter FY2025/26 business update, after the market closes, according to a Singapore Exchange filing. Demand trends, unit cost movements, and fresh details on Air India’s performance are likely to draw investor focus. links.sgx.com

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