Air India seeks US$1.14 billion lifeline from SIA and Tata: Report

Air India Wants 10,000-Crore Aid From Tata Sons, Singapore Airlines: Report

Air India is reportedly seeking Rs 10,000 crore ($1.14 billion) in financial aid from its owners Tata Sons and Singapore Airlines.

Air India seeks Rs 10,000 crore lifeline from SIA and Tata: Report

Air India is reportedly seeking at least 100 billion rupees ($1.14 billion) in financial support from its owners, Singapore Airlines and Tata Sons. This request follows a deadly crash in June and aims to overhaul the carrier's systems, services, and in-house engineering capabilities. The funding decision, whether a loan or equity, will be proportional to ownership stakes.

Air India seeks US$1.14 billion lifeline from SIA and Tata: Report

Air India is seeking at least 100 billion rupees (US$1.14 billion) in financial support from owners Singapore Airlines (SIA) and Tata Sons, Bloomberg News reported on Thursday (Oct 30), citing people familiar with the matter.The development follows

Air India seeks $1.47 billion lifeline from SIA and Tata, Bloomberg News reports

The move follows a deadly Air India crash in June that killed more than 240 passengers. Read more at straitstimes.com.

Air India Seeks Rs 10,000 Crore Infusion From Tata Sons and Singapore Airlines - Goemkarponn

New Delhi: Air India is reportedly seeking a financial infusion of around Rs 10,000 crore ($1.14 billion) from its parent companies, Tata Sons and Singapore Airlines, to strengthen its operations and overcome recent challenges. The proposed aid aims to support large-scale upgrades across systems, services, and the establishment of in-house engineering and maintenance units. According to reports, the airline’s request comes amid mounting financia…

Air India seeks INR 10,000 cr for recovery and reforms from Tata Sons & Singapore Airlines - TravelBiz Monitor: India travel news, travel trends, tourism

Air India is reportedly seeking INR 10,000 crore (around USD 1.14 billion) in financial aid from its parent companies, Tata Sons and Singapore Airlines, to overcome recent challenges and support operational upgrades. The airline faces heavy financial pressure following the tragic crash in Ahmedabad in June and airspace restrictions caused by India-Pakistan military tensions in May. The funding request, according to Bloomberg, will help strengthe…