SINGAPORE, July 28 -- Singapore Airlines slipped into a first-quarter net loss for the first time since 2022 as surging jet fuel costs and losses from Air India outweighed record revenue.

The carrier's latest results, reported by Reuters, show that strong travel demand and rising yields were not enough to offset sharply higher operating expenses linked to the Middle East conflict.

Reuters said Singapore Airlines posted a net loss of S$76 million (RM269.5 million) for the quarter ended June 30, reversing a profit of S$186 million a year earlier and coming in far wider than the LSEG estimate for a S$4.3 million loss.

The airline last recorded a quarterly loss in the fourth quarter of FY2021/22 during the pandemic.

Quarterly revenue clim...