Singapore Airlines to Provide Expertise and Support to Air India Amid Funding Needs
Singapore Airlines (SIA), holding a 25.1% stake in Air India, has committed to continue offering its expertise and support to Air India, which is seeking over ₹10,000 crore in funding. The financial assistance request is to Tata Sons and SIA, the airline’s owners, aiming to support Air India's transformation and modernization efforts after recent operational challenges.
Singapore Airlines, as a significant minority shareholder with a 25.1% stake in Air India, announced its continued commitment to providing expertise and operational support to Air India. This development comes amid reports that Air India is seeking more than ₹10,000 crore in funding from its major stakeholders, Tata Sons and Singapore Airlines, to aid in its ongoing transformation programme. The financial help is considered necessary for overhauling Air India's systems, services, and establishing in-house engineering and maintenance capabilities. Tata Sons, holding the majority 74.9% stake following the 2022 acquisition, alongside Singapore Airlines, jointly invested approximately ₹9,558 crore in Air India during 2024-25, with a significant portion of that funding contributed by the promoters in March. This comes in the context of challenges following a fatal Air India crash in June 2023, which deeply affected the airline’s reputation and underscored the urgency of operational and safety improvements. Singapore Airlines’ support includes sharing expertise to enhance Air India's stability and growth prospects while the ownership decides the form of financial aid, whether through interest-free loans or equity injections.
