Tuesday, April 28, 2026

Air India seeks financial help

 Air India has recently sought over US$1.1 billion in financial support from its shareholders, Tata Sons and Singapore Airlines, following massive losses exceeding US$2.4 billion and to recover from a fatal June 2025 crash. Additionally, the airline, along with other carriers, urged the Indian government to revise aviation turbine fuel (ATF) prices due to operational crises

5 comments:

Anonymous said...

Isnt this what np said in Feb? This is dragging the share prices down and eventually the whole airline.

Anonymous said...

Unwise to invest in other airlines just keep the money and pay the staff. Trust ah neh so much!

Anonymous said...

Never learn their lesson. Nimpeh always remember how they yaya and boasted that the deal was closed with Virgin Air on a piece of napkin.

Anonymous said...

Hope for the best lah friend especially people like me who has SIA shares

Anonymous said...

Every foreign investors always loses,in court, loses to local vested interest.Like Ansett before.Need to learn from past,imo.