Airline Industry & Market Trends News

AeroTimeStephen Pope

Air India turnaround drags: SIA defends long-term investment despite $2.8B annual loss

Singapore Airlines CEO Goh Choon Phong says Air India’s transformation is a “long game” even as Air India posted a $2.8 billion annual loss, with geopolitical airspace disruptions and currency moves cited as major external shocks. SIA again defended its ongoing investment amid mounting losses and operational challenges.

2026-05-15T09:24:05.899861-07:00

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