Bloomberg
• Mihir Mishra
Air India seeks shareholder funding after wider-than-expected 220bn-rupee ($2.4bn) annual loss
Air India is seeking additional financial support from its shareholders, including Tata and Singapore Airlines, after reporting an annual loss of more than 220 billion rupees (~$2.4 billion), wider than expected. The request signals renewed pressure on liquidity as the carrier absorbs the financial fallout from recent disruptions.
