So, Singapore Airlines is keeping its 25.1% stake in Air India, even though Air India posted some pretty big losses. Their CEO, Goh Choon Phong, says they're gonna support Air India's transformation efforts. Apparently, Air India played a big role in Singapore Airlines' profits dropping by 57.4% for the financial year ending March 31, 2026.
I think it's interesting that Singapore Airlines is committed to Air India despite these losses. Must see some long-term potential or strategic benefit, right? I mean, it's not every day you see an airline sticking it out with another that's losing money. Maybe they're banking on Air India turning things around?
I'm curious what you guys think. Do you think this partnership is gonna pay off in the long run for Singapore Airlines? Or is it too risky to stick with a partner that's struggling financially? Could this be more about gaining a foothold in the Indian market? Let me know what you think!
I think it's interesting that Singapore Airlines is committed to Air India despite these losses. Must see some long-term potential or strategic benefit, right? I mean, it's not every day you see an airline sticking it out with another that's losing money. Maybe they're banking on Air India turning things around?
I'm curious what you guys think. Do you think this partnership is gonna pay off in the long run for Singapore Airlines? Or is it too risky to stick with a partner that's struggling financially? Could this be more about gaining a foothold in the Indian market? Let me know what you think!