Air India is seeking $ 1.5 billion in fresh equity from Tata Sons and Singapore Airlines
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Singapore Airlines will carefully consider any requests for additional capital from Air India, the carrier said today as it faces questions from a local member of parliament over its investment strategy.Singapore Airlines holds 25.1 per cent stake in Air India and its investment has come under scrutiny following widening of loss in the Indian carrier. While shareholders have grilled the airline management over Air India’s performance, opposition law maker Kenneth Tiong has said Singapore Airlines should not seek funding from Temasek to invest further in Air India. Temasek which is Singapore government-owned investment firm is a majority shareholder in Singapore Airlines.Tiong has also sought an oral response from Singapore’s minister of transport Jeffrey Siow in the parliament on September 8.In a statement on Thursday, Singapore Airlines said it’s board will carefully consider any requests for additional capital from Air India considering the group’s other capital requirements and Air India’s business strategy.Heavy LossesSingapore Airlines said it’s capital allocation follows a disciplined evaluation process that considers its operating cash flow, investment requirements in new aircraft as well as multi hub investments such as Air India to support sustainable long-term growth and returns.Tiong’s raised concerns as Air India is seeking $ 1.5 billion in fresh equity from Tata Sons and Singapore Airlines. The demand for fresh funding comes as airline posted over ₹22,000 crore loss in FY 26.“No one, least of all Singaporeans, owes Air India a living. I will not support, nor expect, any future use of Temasek’s funds to prop up Air India via Singapore Airlines. If Singapore Airlines wants to continue its bet on Air India, it should do so on its own two feet, and not on Temasek,” Tiong wrote in a social media post.Published on August 27, 2026
