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Singapore Airlines and Scoot reroute flights to avoid Iranian airspace amid regional tensions

An SIA spokesperson confirmed that both SIA and Scoot are implementing alternative flight paths to circumvent potential risks associated with the current geopolitical climate. The spokesperson assured that while no flights have been canceled, passengers should anticipate some delays as the new routes may result in longer travel times. The airline stressed that the safety of its passengers and crew is of utmost importance, and it is taking these precautionary measures to mitigate any risks.

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Singapore stocks lose ground as SIA declines and fed maintains rates; STI falls 1%

The downturn was significantly influenced by a notable drop in Singapore Airlines (SIA) shares, which fell sharply following the airline's weaker-than-expected quarterly earnings report. The decline in SIA's stock price not only weighed heavily on the broader index but also reflected broader concerns about the airline sector's recovery trajectory amid persistent economic uncertainties.