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Air India wants $1.5B funding from Tata Sons, Singapore Airlines
Air India is seeking $1.5 billion from Tata Sons and Singapore Airlines to address mounting losses, with contributions aligned to Singapore Airlines' 25% ownership stake.
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economictimes.indiatimes.com
Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources say
Air India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to two people familiar with the matter. The…
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channelnewsasia.com
Air India seeks US$1.5 billion from owners SIA, Tata as losses mount: Sources
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…
