Air India seeks US$1.14 billion lifeline from SIA and Tata: Report

Air India Wants 10,000-Crore Aid From Tata Sons, Singapore Airlines: Report

Air India is reportedly seeking Rs 10,000 crore ($1.14 billion) in financial aid from its owners Tata Sons and Singapore Airlines.

Air India seeks Rs 10,000 crore lifeline from SIA and Tata: Report

Air India is reportedly seeking at least 100 billion rupees ($1.14 billion) in financial support from its owners, Singapore Airlines and Tata Sons. This request follows a deadly crash in June and aims to overhaul the carrier's systems, services, and in-house engineering capabilities. The funding decision, whether a loan or equity, will be proportional to ownership stakes.

Air India seeks US$1.14 billion lifeline from SIA and Tata: Report

Air India is seeking at least 100 billion rupees (US$1.14 billion) in financial support from owners Singapore Airlines (SIA) and Tata Sons, Bloomberg News reported on Thursday (Oct 30), citing people familiar with the matter.The development follows

Air India seeks $1.47 billion lifeline from SIA and Tata, Bloomberg News reports

The move follows a deadly Air India crash in June that killed more than 240 passengers. Read more at straitstimes.com.

Singapore Airlines reaffirms support to Air India amid reports of USD 1.12 billion fund request - Connected to India News I Singapore l UAE l UK l USA l NRI

Singapore Airlines on Friday, October 31, said that as a significant minority shareholder it will provide its expertise and support where necessary to Air India. Air India Chief Commercial Officer Nipun Aggarwal (left) and Singapore Airlines Chief Commercial Officer Lee Lik Hsin (right) at the signing of the codeshare expansion agreement in Delhi, India, in October 2024. Photo courtesy: Air India The comments came against the backdrop of reports…

Air India is reportedly seeking a S$1.46 billion financial lifeline

Air India is reportedly seeking a S$1.46 billion financial lifeline from Singapore Airlines and Tata Sons to strengthen its operations and safety standards, marking one of the largest post-privatisation funding requests for the carrier. https://heidoh.com/business/air-india-se...ons-report