Airlines News

AeroTimeStephen Pope

Air India turnaround remains a “long game” as losses reach $2.8B, with Singapore Airlines defending its continued stake

Air India reported a $2.8 billion annual loss while Tata Group continues a fleet-renewal and modernization-led turnaround. Singapore Airlines chief Goh Choon Phong and the SIA group again characterized the transformation as a long, difficult process—despite the carrier’s ongoing operational and earnings drag.

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

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