Air India asks Tata, Singapore Air for funds after $2.4 billion loss
Published on: April 15, 2026, 12:54 p.m. | Source: The Economic Times
Air India reported a wider-than-expected annual loss of over ₹220 billion ($2.4 billion) for FY26, driven by multiple disruptions including a fatal aircraft crash, airspace restrictions, and geopolitical tensions. The airline is now seeking fresh funding from its shareholders, including Tata Group and Singapore Airlines, though the final amount is still under discussion.
