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Temasek supports Singapore Airlines backing AI; 'such initiatives take time'
NEW DELHI: "Efforts of this scale take time.." With these words, Singapore Airlines' (SIA) majority stakeholder and the city state's state investor Temasek has supported the airline backing Air India from a strategic long term viewpoint of having a second hub beyond Changi.
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channelnewsasia.com
Timeline: How SIA's India bet led to a 25.1% stake in Air India
SIA’s pursuit of India’s aviation market spans more than three decades. CNA traces how its partnership with Tata led to the launch of Vistara and ultimately a significant minority…
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economictimes.indiatimes.com
Air India’s $1.5 billion funding ask sparks backlash in Singapore parliament
A Singapore politician questions the logic of Singapore Airlines supporting Air India. He opposes using Temasek funds for Air India's turnaround efforts. The politician seeks…
