Air India hit by worst-ever full-year loss as restructuring momentum slips; Singapore Airlines reports first quarterly net loss
Air India has disclosed its worst-ever full-year loss since going private, citing three “external headwinds” that slowed its transformation. Singapore Airlines posted its first quarterly net loss since 2022, despite record revenue, driven by a jet-fuel spike tied to Middle East tensions and rising losses from Air India; the group also delayed an A350-900 premium-cabin rollout to 2027.