Singapore Airlines answers shareholder questions ahead of July 24 AGM
JETS•Air India, Starlink and GenAI updates
No Air India impairment had been booked as of March 31, 2026. Singapore Airlines said the recoverable amount was assessed above carrying value despite impairment indicators.
The Starlink rollout on A350-900LH, A350-900ULR and A380 aircraft is targeted for completion by end-2029, aligned with maintenance schedules.
The airline also stressed governance around generative AI investment. It said 550 use cases have been identified, 140 are in production, and the focus is on revenue, efficiency and productivity.
Dividend and capital allocation comments
Dividend decisions were framed around underlying performance, capex, liquidity, and market conditions. The special dividend plan totals 10 cents a year for three years.
The board said it would weigh any Air India funding request against other capital needs. A media report of a USD 1.1 billion funding request was not confirmed.
Responses to shareholder questions ahead of AGM
Singapore Airlines published responses to shareholder questions ahead of its July 24, 2026 annual general meeting.
Fuel hedging was described as programmatic, built over time with higher near-term hedge ratios. Net fuel cost was 27.7% of total expenditure.
The company said profit fell 57.4% to SGD 1.18 billion because of a missing SGD 1.1 billion gain, full-year Air India losses, inflation, and capacity growth.
