Air India is reportedly seeking at least ₹100 billion, which is around US$1.14 billion, from its joint owners Tata Sons and Singapore Airlines (SIA). The request comes as the airline works to recover from the June crash that claimed over 240 lives.
Financial Boost After Major Setback
The incident harmed Air India’s reputation and slowed its modernisation plans. The proposed funding is expected to strengthen internal systems and support quality upgrades across services. It will also help build in house maintenance and engineering capabilities.
Funding Aligned With Ownership
Bloomberg reported that any contribution would match the companies’ stakes. Tata Group currently holds 74.9 percent in Air India, while SIA owns 25.1 percent. Discussions on the structure of the support are still ongoing.
No Official Comment Yet
Neither Tata Sons, SIA nor Air India have issued public statements on this report. However, Air India’s CEO recently confirmed plans to overhaul internal processes and boost safety systems across the airline.
Lifeline For Stability
With ongoing operational and image challenges, the funding request is seen as a necessary move. If approved, it may accelerate the airline’s recovery and support long-term stability.
