Singapore Airlines faces some bleak choices as it lays trapped in Air India’s money pit

Singapore Airlines faces some bleak choices as it lays trapped in Air India’s money pit


[SINGAPORE] Air India has its cap out again. Reuters on Aug 25 reported that the carrier is seeking US$1.5 billion in fresh equity from its shareholders to keep its turnaround going.

Singapore Airlines’ (SIA) slice of the bill works out to roughly US$375 million, or just under S$500 million. Nothing has been decided, and any investment would likely be made in several tranches.

​But if SIA writes that cheque, it will ironically be paying a small fortune for the privilege of making its own financial results look worse.



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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