Singapore Air Sees Tariff Hit on Demand in Cautious Outlook

A Singapore Airlines passenger jet at Changi Airport in Singapore.Photographer: Ore Huiying/Bloomberg

Singapore Airlines Ltd. warned tariff and trade tensions on top of broader economic and geopolitical uncertainties could hurt demand for passenger and cargo flights.

The city-state flag carrier’s cautious outlook emerged despite full-year profit beating estimates and revenue rising to a record as strong travel demand countered intensifying pressure from competitors and geopolitical headwinds.