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AIR INDIA LOSS HURTS LARGEST SHAREHOLDER SIA
November 14, 2025
|Hindustan Times Thane
Losses at Air India have caused the profit of its largest shareholder, Singapore Airlines, to plunge in the six months ended September.
Singapore's flag carrier's net profit dropped 67.8% year-onyear to S$239 million for the April-September period, according to its statement. It attributed the decline to accounting losses primarily from its associate company Air India, where Singapore Airlines owns a 25.1% equity.
" ... while the Group's share of results of associated companies was S$ 417 million lower yearon-year, notably reflecting Air India's losses which were not included in the previous year net profit," it said in a statement.
هذه القصة من طبعة November 14, 2025 من Hindustan Times Thane.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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