Skift
• Peden Doma Bhutia
Air India is estimated to have lost about INR 10,500 crore in the six months ended Sept. 30, 2026. Singapore Airlines, which holds a 25.1% stake in the Indian carrier, recognized SGD 361.7 million (about INR 2,640 crore) as its share of those losses.
Air India
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Air India is estimated to have lost about INR 10,500 crore in the six months ended Sept. 30, 2026. Singapore Airlines, which holds a 25.1% stake in the Indian carrier, recognized SGD 361.7 million (about INR 2,640 crore) as its share of those losses.
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Singapore Airlines says Air India has made tangible gains in customer experience and operational performance as it pursues a multi-year transformation. The endorsement comes as the Indian carrier cancels eight international routes, including three to Europe, and shifts some services to low-cost subsidiary Air India Express; Singapore Airlines also cited higher jet-fuel costs as a pressure on group earnings.
Air India is weighing a widebody aircraft order amid plans to expand its international operations. The available report does not specify the aircraft type, order size, timing or destinations, leaving the scale and fleet implications of the potential purchase unclear.
Air India is considering appointing Balagopal Kunduvara, a former Singapore Airlines executive who has served as Garuda Indonesia’s CFO, to lead its finance function, according to people familiar with the matter. The potential appointment follows the Indian carrier’s record loss as it seeks to revive its finances.
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IndiGo is in preliminary talks with Embraer for 100 regional jets, with options for about 50 additional aircraft, according to reports citing people familiar with the discussions. If completed, the deal would be a major commercial breakthrough for Embraer in India; deliveries could begin in or after 2030.
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