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ReutersAbhijith Ganapavaram, Arpan Chaturvedi

Temasek backs Singapore Airlines’ Air India investment amid scrutiny of loss-making carrier

Singapore state investor Temasek, Singapore Airlines’ majority shareholder, defended the airline’s investment in Air India as scrutiny grows over its exposure to the loss-making Indian carrier. The investment is framed as a long-term growth strategy to deepen Singapore Airlines’ presence in India and establish a second hub.

2026-08-29T00:28:57.475488-07:00

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Temasek backs Singapore Airlines’ Air India investment amid scrutiny of loss-making carrier

Singapore state investor Temasek, Singapore Airlines’ majority shareholder, defended the airline’s investment in Air India as scrutiny grows over its exposure to the loss-making Indian carrier. The investment is framed as a long-term growth strategy to deepen Singapore Airlines’ presence in India and establish a second hub.

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C-390, C-130J and A400M compete for India’s potential 60-aircraft airlifter requirement

India is preparing what could become one of the world’s largest military transport aircraft purchases, with Embraer’s C-390, Lockheed Martin’s C-130J and Airbus’ A400M competing for a requirement of up to 60 aircraft. The decision is likely to weigh industrial, strategic and support considerations alongside performance.

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Virgin Australia posts 13.4% FY26 underlying EBIT growth, guides stable H1FY27 profit

Virgin Australia reported AUD753 million ($541.8 million) in underlying EBIT for the year ended June 30, 2026, up 13.4% year on year, while underlying NPAT rose 21.9% to AUD404 million. The airline expects H1FY27 underlying EBIT to remain broadly in line with the prior-year period amid strong demand and bookings.

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Qantas, American and Delta Advance Long-Haul Fleet and Network Expansion Plans Through 2028

Qantas is accelerating Airbus A380 retirements to 2028 as it weighs Airbus A350 and Boeing 787 orders, while American Airlines plans seven new international routes for 2027 using A321XLRs and considers future widebodies. Delta is restoring Los Angeles–London service ahead of anticipated 2028 Olympics demand.

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