Air India seeks over $1 billion in financial support from owners Tata Sons, Singapore Airlines: Report

Air India is reportedly seeking at least ₹100 billion ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons.

The development follows a deadly Air India crash in June that killed more than 240 passengers. The incident plunged the carrier into its worst crisis, complicating its push to restore its reputation and modernise its fleet, Bloomberg reported.

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