Singapore Airlines (SIA) is deepening its operational involvement in Air India as Tata Group's flag carrier grapples with record losses, safety lapses and a leadership vacuum, according to a Bloomberg report.
The Singaporean carrier has placed its executives in key roles across Air India's flight operations, engineering and maintenance, areas where SIA has long been considered a global benchmark. Singapore Airlines had first stepped up its involvement in engineering last year before expanding its presence across other functions. Meanwhile, Tata Group, which owns 74.9% of Air India, is focusing on commercial, human resources, finance and IT functions.
The shift marks a significant escalation in SIA's engagement, moving it from a strategic minority partner to an active, hands-on presence, a change made more urgent following the deadly Boeing 787 Dreamliner crash last year.
Air India lost more than ₹22,000 crore — roughly $2.4 billion — in the fiscal year ending March 2026, far worse than the $1.6 billion the airline had privately estimated just months earlier, Bloomberg reported. The scale of the damage forced Air India to approach both Tata Group and Singapore Airlines for fresh capital.
For SIA, the financial pain is direct. The carrier entered Air India as a minority shareholder after merging its Indian affiliate Vistara with the airline in 2024, and has since seen its own earnings dragged down. SIA disclosed losses from associated companies — largely attributable to Air India — of $139 million in the December quarter. Despite this, it said it remains "firmly committed" to supporting Air India's transformation.
23/04/2026 Outlook
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