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SIA – Singapore Airlines ( (SG:C6L) ) just unveiled an update.
Scoot has strengthened its growth plans by firming up orders for five Airbus A320neo family jets and exercising options for six more, lifting its A320neo family orderbook to 20 aircraft with deliveries starting in 2028. Configured in single-class layouts with up to 236 seats on the A321neo, the aircraft will operate within a five- to six-hour radius, supporting new route launches, higher frequencies and improved feed into the wider Singapore Airlines Group network.
The expanded narrowbody fleet is intended to deepen Singapore’s air connectivity across Southeast Asia, North Asia and beyond, reinforcing Changi Airport’s status as a global hub while reflecting strong confidence in long-term Asia-Pacific travel demand. Scoot is simultaneously advancing a fleet renewal strategy by phasing out its six older A320ceo jets by 2028 in favor of more fuel-efficient A320neo family aircraft, which burn up to 20% less fuel and support the Singapore Airlines Group’s net-zero 2050 ambitions as the low-cost carrier grows to 85 destinations by mid-2026, many of them served exclusively from Singapore.
The most recent analyst rating on (SG:C6L) stock is a Hold with a S$6.50 price target. To see the full list of analyst forecasts on SIA – Singapore Airlines stock, see the SG:C6L Stock Forecast page.
More about SIA – Singapore Airlines
Scoot is the low-cost subsidiary of Singapore Airlines, operating a modern fleet of more than 60 aircraft, including Boeing 787 Dreamliners, Airbus A320 family narrowbodies and Embraer E190-E2 regional jets. The carrier serves over 80 destinations across 18 countries and territories in the Asia-Pacific, Middle East and Europe, positioning itself as a leading budget airline focused on reliable, value-oriented and customizable travel offerings.
Average Trading Volume: 8,599,578
Technical Sentiment Signal: Buy
Current Market Cap: S$19.79B
For a thorough assessment of C6L stock, go to TipRanks’ Stock Analysis page.