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Air India posts annual loss of $2.8 billion, Singapore Air results show
Air India has reported a record loss exceeding $2 billion for the 2025-26 fiscal year, as detailed in Singapore Airlines' annual report. This significant financial setback is attributed to disruptions from the Iran war and Pakistan's airspace ban, impacting the airline's turnaround efforts and leading to international flight cuts.
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cnbc.com
Iran war fallout forces Singapore Airlines-backed Air India to cancel 27% of international flights
Air India, a carrier co-owned by Tata Group and Singapore Airlines, plans to scale back over a quarter of its international flights from June as rising costs bite.
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timesofindia.indiatimes.com
'Our net profit declined due to AI losses but remain committed to Maharaja': Singapore Airlines
NE WDLEHI: Air India’s losses may be casting a long shadow on its 25.1% stakeholder Singapore Airlines (SIA) results but the latter on Thursday said it remains “committed” to its…
