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SIA
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michaeltan
Elite |
26-Aug-2026 13:54
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NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annual loss, two people familiar with the matter told Reuters. It would be one of Air India' s largest publicly reported requests for shareholder funding since Tata took control of the former state-owned carrier in 2022. It highlights the challenges facing the airline as it undergoes a multi-billion-dollar revamp, including the refurbishment of its existing fleet. The carrier and its budget unit Air India Express posted combined losses of US$2.33 billion in the fiscal year ended March, more than double the prior year' s losses. The losses have also weighed on SIA' s profits. " Air India wants the funds immediately, though the infusion is likely to happen in tranches. SIA would need to contribute its share of the proposed infusion for the investment to go through," one of the sources said.
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alexvar
Senior |
26-Aug-2026 13:54
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SingA is poised to carry the rotten corpse of air india - is there any hope? what do you think about the new CEO? |
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michaeltan
Elite |
26-Aug-2026 13:53
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Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
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piscesmonkey
Supreme |
26-Aug-2026 11:20
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Today ah gong want close above 7dollar?
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piscesmonkey
Supreme |
26-Aug-2026 09:48
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Ah gong inside. Can see that ah gong dont want go below 6.90. Now going up 7.20? | ||||
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piscesmonkey
Supreme |
26-Aug-2026 09:26
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Look like ah gong is inside now?
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tccroy
Elite |
26-Aug-2026 09:22
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Agreed with you. Planning so hard to make profit but spent off by Air India. 赚 了 钱 还 不 够 给 孩 子 花
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easywin
Supreme |
26-Aug-2026 09:19
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After all is your children just give them your support maybe later they can earn more for you
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tccroy
Elite |
26-Aug-2026 09:13
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Now, one of the children is asking for money but cannot don't give them. But this may not be the last time asking for money.
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piscesmonkey
Supreme |
26-Aug-2026 09:06
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Good news. Going 7.20 soon | ||||
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honesty
Master |
26-Aug-2026 08:34
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its on the onus of majority shareholder to cut loss and get out or keep deep focus to reform air india. feel sad for sia mgmt working hard to make money for sia per se
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Checkerman
Master |
26-Aug-2026 07:59
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bad news for investors but still hand out good bonus
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tccroy
Elite |
26-Aug-2026 06:57
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Will it happen again to get tax payers fund for rescue? This is one of the gravest mistake investing in Air India.
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Barcalo
Master |
26-Aug-2026 00:07
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Who ever govern SIA must have the IRON in him.
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kepoh88
Veteran |
25-Aug-2026 23:00
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Our late LKY ever asked, " are you in control"
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piscesmonkey
Supreme |
25-Aug-2026 22:36
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Covid lockdown no earning also nv penny haha.
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Walkalone
Member |
25-Aug-2026 22:31
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At the rate, SIA is going to become a penny stockAir India seeking US$1.5 billion from owners Tata, Singapore Airlines: sourcesIt comes months after the carrier and its budget unit posted a record annual loss of US$2.33 billion https://www.businesstimes.com.sg/international/air-india-seeking-us1-5-billion-owners-tata-singapore-airlines-sources |
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honesty
Master |
25-Aug-2026 14:34
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budget flight should not risk competitive priced pilots IMHO. SIA can well afford good pilots and should maintain it. simply raise the air ticket price since it is the brand flyers go for. at this price of 6.9 is a very good entry price dyodd
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piscesmonkey
Supreme |
25-Aug-2026 14:30
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Bought 6.90 thisweek going up 7.20? | ||||
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tccroy
Elite |
20-Aug-2026 14:12
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Especially Scoot flight, there are so many pilots are from India. Hence I stop travel by Scoot anymore
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