Singapore Airlines defends its decision to invest in loss-making Air India: ‘We know the market and how difficult it feels’

Singapore Airlines has defended its investment in the struggling Air India, which contributed to a significant drop in its net income for the fiscal year 2025. Despite reporting record revenue of $20.5 billion and carrying 42.4 million passengers, the airline faced a loss of 945 million Singapore dollars from its Air India investment. CEO Goh Choon Pong emphasized their familiarity with the Indian market, acknowledging its challenges.