TransportationThai Airways' Q1 profit up 3%, says it will shift focus to low-risk marketsThai Airways and Singapore Airlines are among Southeast Asia's biggest carriers, all of which must are contend with a doubling in the cost of jet fuel this year because of the war in Iran. (Photos by Ken Kobayashi)KENTARO TAKEDA and APORNRATH PHOONPHONGPHIPHATMay 14, 2026 13:40 JSTUpdated on May 14, 2026 21:39 JSTSINGAPORE/BANGKOK -- Singapore Airlines said on Thursday that the financial impact of higher fuel prices will be reflected in the current fiscal year ending March 2027, and that adjusting air fares alone will not fully offset the rising costs.