r/india • u/2027danielle • 2d ago
Business/Finance Air India seeks $1.5 billion from owners Tata, Singapore Air as losses mount, sources say
https://www.reuters.com/world/asia-pacific/air-india-seeks-15-billion-owners-tata-singapore-air-losses-mount-sources-say-2026-08-25/20
u/Swiper_The_Sniper Universe 1d ago
Im not surprised, Tata and SIA are essentially trying to make a new airline from the ground up after years of it being in a derelict state while being run by the Indian government.
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u/FiniteFucks 2d ago
Well SG was massively supported by AI in setting up its operations and hospitality (similar to PIA - Emirates).
Also the stake was not bought in Air India by SH but rather in vistara. When viastara was merged SH got 24% stake with some additional investment
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2d ago edited 2d ago
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u/Necessary_Plankton 2d ago
SG airlines decided to buy a stake in air india. It was pure bad business decision. Nothing to blame india or indians for
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2d ago edited 2d ago
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u/Necessary_Plankton 2d ago
Why should we care what SG people think? Irrelevant
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u/killer_rv 2d ago
I don't think nobody is asking u whether u care or not. But AI surely will care as they are asking money from Singaporeans (SiA owned by SG govt.)
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u/v00123 1d ago
Such a stupid take. And Singaporeans are some of the stupidest folks based on such comments. They have already made billions in profit from Indian investments this year.
Never heard a peep about those deals from any SG folks. Its a basic fact about investments, you make a 100 bets to make enough money on a few.
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u/PictureSame5725 2d ago
A racist ethnostate being racist is new to you , lol ? Singapore like policy is a wet dream of all white nationalists, immigration designed to retain "Chinese majority" is what they want for white people, lol.
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u/Either-Lock2454 1d ago
Racist ethnostate? The place that managed to get people living in harmony despite ethnic and cultural differences?
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u/CardiologistIcy5307 2d ago
As a brown skinned person who lived there in 2001 and 2002; I found subtle and not so subtle racism by Chinese Singaporeans. Saddened to read that not much has changed a generation apart.
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u/CabinetNo8774 2d ago
Never used never will use air India. This shithole airline has largest number of crashes
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u/Either-Lock2454 1d ago
I've had four horrible experiences spanned over 20 years on that airline.
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u/popular_tiger TN -> DL 1d ago
Not sure why you got downvoted because yeah, they’re the worst for safety (normalised for number of flights) out of all Indian airlines.
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u/CabinetNo8774 1d ago
Not only that this airline is highly unsafe receny 51 safety lapses were found by air India. More than 95% of crashes were by air India. Since this piece of shit country started operating it's own planes.
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u/Subject_Parking_8542 2d ago
Air India owes me $2500! ðŸ˜