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Air India's provisional Q1FY27 loss likely to cross Rs 1,200 crore
Singapore Airlines reported a net loss of ₹311.78 crore from its Air India stake. Air India's provisional loss for the fiscal first quarter exceeded ₹1,200 crore. High fuel costs and airspace closures pressured the carrier's operations. Despite losses, SIA and Tata Sons remain committed to Air India's transformation. A full turnaround for Air India is projected to take up to a decade.
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economictimes.indiatimes.com
Air India turnaround to take 5-10 years, says Tata Sons' Chandrasekaran
Tata Sons chairman N Chandrasekaran stated Air India's turnaround will take up to a decade. Mounting financial losses and supply-chain bottlenecks complicate the aviation bet. …
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channelnewsasia.com
Fuel costs, Air India losses push SIA into Q1 red despite record revenue
Record passenger and cargo revenue failed to offset a 78.5 per cent jump in net fuel costs and higher losses from Air India, sending the airline group to a S$76 million quarterly…
