Air India seeks $1.5 billion from Tata, Singapore Airlines amid losses
- Air India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines.
- The funding comes after Air India and Air India Express reported a combined $2.33-billion loss in FY26.
- The money is expected to support Air India’s ongoing turnaround, including its fleet refurbishment and other upgrades.
- The funding could be provided in tranches, with Singapore Airlines expected to contribute according to its 25.1% stake.
Source: storyboard18.com
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