Singapore Airlines Group will retain its 25.1% stake in Air India and support the ongoing transformation of the carrier, despite a sizeable net loss for the financial year ending March 31, 2026, chief executive Goh Choon Phong reassured during a recent briefing according to The Business Times newspaper.
Singapore Airlines continues to support Air India despite heavy losses
Singapore Airlines has made it clear that its commitment to Air India remains unchanged, even as the Indian airline navigates one of the most financially demanding phases in its recent history. The decision reflects a strategic long-term outlook rather than a reaction to short-term financial performance.
Singapore’s flag carrier group owns a 25.1% stake in Air India, which reported a $2 billion loss for the last financial year.
The Indian flag carrier endured severe operational disruptions in 2025, including the closure of Pakistani airspace to its overflights in April, a Boeing 787 crash in June, and restrictions linked to the Iran-US conflict.
To minimise losses, Air India plans to cancel 27% of its international flights, or nearly 150 weekly services, between June and August 2026.
Air India’s continued investment and what it means for passengers
Executives from both organisations have consistently described the transformation of Air India as a multi-year project that requires patience, investment, and operational restructuring.
For Singapore Airlines, India remains one of the most promising markets globally, supported by rising incomes, expanding airport infrastructure, and growing international travel demand.
Air India is simultaneously investing in fleet modernisation, cabin refurbishment, digital upgrades, staff training, and route optimisation.
Additional external factors such as high fuel prices, airspace restrictions, aircraft delivery delays and increased operational costs have added pressure in financial performance.
For passengers, the continued collaboration between Singapore Airlines and Air India could mean a noticeable improvement in travel experience over the coming years.
Travellers may benefit from stronger international connectivity, better schedules, smoother transit experiences, and improved service consistency across domestic and international routes.
For Indian travellers, this could mean easier access to global destinations through expanded route networks and stronger airline partnerships.
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