Singapore Airlines to weigh further Air India funding against cash flow and fleet needs
Singapore Airlines said it will assess any further funding requests from Air India against cash flows, aircraft spending and wider capital needs, while retaining the Indian carrier as a cornerstone of its long-term India strategy.
Singapore Airlines will evaluate any additional Air India funding requests against cash flows, aircraft spending and capital needs, while maintaining the carrier as a cornerstone of its long-term India strategy after recording S$945.2 million in associated losses.
Why this matters
The funding review follows Air India’s plan to add 50–60 aircraft in 18 months, restore most flights from September and launch an in-house booking app with India-focused payments.
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