Singapore Airlines is scripting Air India’s rescue—with only a 25% stake
The post Singapore Airlines is scripting Air India’s rescue—with only a 25% stake appeared first on The Ken .
N Chandrasekaran, chairman of Tata Sons, has visited Air India's Delhi headquarters multiple times this year. Air India's losses have significantly widened in the past two years, reaching Rs 22,238 crore in FY26, compared to Rs 10,900 crore the previous year. This financial strain has put pressure on the airline, which is also dealing with safety incidents, such as hydraulic faults and pilot-discipline issues.
In response, Singapore Airlines, a significant shareholder in Air India, is taking steps to rescue the struggling carrier. The Singaporean airline acquired a 25.1% stake in Air India in November 2024, joining Tata Sons, which holds a 51% stake. Despite being a minority owner, Singapore Airlines is investing heavily in the Indian airline, losing almost $800 million on its Air India bet.
Air India is now seeking an additional $1.5 billion in fresh equity from its owners, Tata Sons and Singapore Airlines.
Written by urgent.news from The Ken's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
