Air India in HUGE DEBT! Check Out Why the Airline Looking for Rs. 10,000 CRORES Help from Singapore Airlines and Tata Group News24 –

Delhi News: A Bloomberg story citing sources claims that Air India has asked Singapore Airlines and Tata Sons for financial support of Rs 10,000 crore. The Tata Group owns 74.9% of Air India, with Singapore Airlines holding the remaining shares. According to the article, Air India has requested assistance from the Tata Group and Singapore Airlines to strengthen its systems and services. In addition, the corporation intends to strengthen its technical and maintenance teams.

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Over 240 people were killed when an Air India aircraft crashed near Ahmedabad in June. Additionally, it is estimated that Air India lost roughly Rs 4,000 crore as a result of Pakistan’s airspace restriction. Due to the military conflict between India and Pakistan, Pakistan blocked its airspace to Indian airlines in May. As of yet, Air India has not responded to the report.

Campbell Wilson, the CEO and managing director of Air India, has stated that the Aircraft Accident Investigation Bureau’s (AAIB) preliminary study on the Ahmedabad airplane disaster identified no flaws in the airline’s operations or procedures. Wilson stated during the Aviation India 2025 Summit that the July report found no issues with Air India’s protocols or aircraft maintenance that required modification.