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Temasek backs Singapore Airlines to fly long haul with Air India
Temasek has shown its support for Singapore Airlines' investment in Air India amidst rising concerns regarding the Indian carrier's financial downturn. Following its first quarterly loss since 2022, Singapore Airlines is looking for substantial new equity from its stakeholders. Temasek perceives this investment as part of a broader long-term strategic vision.
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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…
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scmp.com
Singapore MP opposes Temasek funding for Air India amid US$1.5 billion plea
‘If Singapore Airlines wants to continue its bet on Air India, it should do so on its own two feet, and not on Temasek’s,’ Kenneth Tiong says.
