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SIA Faces Nearly S$1 Billion Air India Losses After 25% Investment
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SIA Faces Nearly S$1 Billion Air India Losses After 25% Investment
Singapore Airlines (SIA) is facing a major financial setback from its investment in Air India, with the Indian carrier recording losses of about S$945 million in the year to March 2026. The development comes less than two years after SIA acquired a 25 per cent stake in Air India as part of a major partnership with India’s Tata Group. The investment was initially viewed as a long-term opportunity for SIA to gain exposure to India’s rapidly expand…
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