22-July-2026
Corporate News
 
Record losses but strategic bet – Why is Singapore Airlines willing to pump more money into Air India?
21-Jul-2026

Singapore Airlines has indicated its willingness to infuse fresh funds into Air India despite a steady string of losses. The Indian carrier posted a record annual loss of Rs 22,000 crore in FY26 — prompting bailout discussions between promoters Tata Group and Singapore Airlines. The company reported a record revenue of SG$20.5 billion for FY26 but saw net profit plunged 57.4% year-on-year to SG$1.18 billion— mainly owing to Air India’s losses and an accounting gain in the previous year.

News Source:- https://www.financialexpress.com/business/airlines-aviation-record-losses-but-strategic-bet-why-is-singapore-airlines-willing-to-pump-more-money-into-air-india-4297939/