Singapore Airlines reported a net loss of S$76 million for the quarter, marking a return to the red for the national carrier.
The result stands in sharp contrast to the performance of Keppel DC Reit, which announced an 11.3% increase in its distribution per unit (DPU).
The REIT's improved payout underscores robust demand for digital infrastructure assets in Singapore, even as traditional aviation faces headwinds.
The divergent results highlight the shifting dynamics within Singapore's equity market.
While SIA struggles with profitability, likely due to elevated fuel costs and competitive pressure, Keppel's data center business continues to benefit from the region's growing appetite for cloud and AI infrastructure.
Investors are closely watching how these opposing trends will play out in the broader market session.