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Air India seeks $1.1 bn lifeline from Tatas, SIA
Mint New Delhi
|November 01, 2025
Air India is seeking at least ₹100 billion ($1.14 billion) in financial support from owners Singapore Airlines and Tata Sons, Bloomberg News reported on Thursday, citing people familiar with the matter.
The development follows a deadly Air India crash in June that killed more than 240 passengers, plunging the carrier into its worst crisis and complicating its push to restore its reputation and modernize its fleet. The Tata Group-owned carrier is requesting funds to overhaul Air India’s systems and services as well as devel
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