Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
The carrier wants immediate cash to support its multibillion-dollar overhaul after Air India and Air India Express posted combined losses of US$2.33 billion.
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Air India Seeks USD 1.5 Billion in Fresh Equity From Tata Sons and Singapore Airlines: Report
Air India has reportedly sought around USD 1.5 billion in fresh equity from Tata Sons and Singapore Airlines as mounting losses add pressure to its turnaround plans. The airline and Air India Express posted combined losses of USD 2.33 billion in FY2026, while fleet upgrades and operational challenges continue to weigh on finances. Air India Seeks USD 1.5 Billion in Fresh Equity From Tata Sons and Singapore Airlines: Report.
Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annu
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