ReferIndia News Air India seeks $1.14 billion lifeline from SIA and Tata: Report

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Air India seeks $1.14 billion lifeline from SIA and Tata: Report

Published on: Oct. 31, 2025, 7:06 a.m. | Source: The Economic Times

Air India is reportedly seeking at least 100 billion rupees ($1.14 billion) in financial support from its owners, Singapore Airlines and Tata Sons. This request follows a deadly crash in June and aims to overhaul the carrier's systems, services, and in-house engineering capabilities. The funding decision, whether a loan or equity, will be proportional to ownership stakes.

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