Air India losses drag down Singapore Air’s profit; SIA committed to Maharaja ‘despite ongoing challenges’
NEW DELHI: Singapore Airlines (SIA) has seen its profit for the first half this year fall 68 per cent “notably” due to losses of Air India and some other factors. Owned 25.1 per cent by SIA and the rest by Tata Group, Air India group had lost Rs 9,568.4 crore in FY 2025. SIA said its group “net profit for the first half fell by $503 million (67.8 per cent) to $239 million.
Following the June 12 Ahmedabad crash, AI has reportedly sought more fund infusion from its promoters. According to agency reports, Air India is seeking at least Rs 10,000 crore($1.1 billion) in financial support from its promoters.
