An illustration showing the Singapore Merlion with a Singapore Airlines jet.
Asia-Pacific

The Mean Seats of Singapore

Asia-Pacific

The Mean Seats of Singapore

May 2025
43 min read
Gordon Smith and Jay Shabat

Skift Take

Uh oh. Looks like the party is winding down. Are the good times over for Singapore Airlines? Last week, it unveiled a lackluster 6% operating margin for the January-to-March quarter. It was roughly half the figure it earned at the same time last year, suggesting that indeed, the balloons might be popping and the dance music fading. In this week's feature story, we assess the prospects for one of Asia’s most esteemed carriers.

Issue Overview

Uh oh. Looks like the party is winding down. Are the good times over for Singapore Airlines? Last week, it unveiled a lackluster 6% operating margin for the January-to-March quarter. It was roughly half the figure it earned at the same time last year, suggesting that indeed, the balloons might be popping and the dance music fading. In this week's feature story, we assess the prospects for one of Asia’s most esteemed carriers.