The choice of a new CEO comes at a crucial time for Air India, which is grappling with heavy losses, heightened regulatory scrutiny after a deadly crash last year
Singapore Airlines holds a roughly 25% stake in Air India, with the rest owned by Tata Sons
While relying on its minority shareholder for operational support, Tata Group, which owns 74.9% of Air India, is focusing on commercial, human resources, finance and information technology functions
Singapore Airlines CEO Goh Choon Phong held meetings with Tata Sons Chairman N Chandrasekaran and other senior executives on Thursday. Both sides are believed to have detailed discussions on loss-making Air India. Goh Choon Phong arrived at the Bombay House, the headquarters of the Tata Group, on Thursday morning and left in the evening. Tata Group acquired Air India from the Indian government in January 2022, and later Singapore Airlines purchased a 25.1 per cent stake in the airline. A source said that he met Chandrasekaran, who is also the Air India Chairman, and other senior executives. Details about the meetings with the Tata Group executives could not be immediately ascertained. The meeting assumes significance against the backdrop of Air India facing multiple headwinds, including spiralling operating costs due to the airspace curbs in the wake of the West Asia conflict and the closure of Pakistan airspace for nearly a year now. These restrictions have forced the airline,
Singapore Airlines CEO Goh Choon Phong will be meeting senior Tata Group executives on Thursday, and both sides are expected to have detailed discussions on loss-making Air India. Goh Choon Phong arrived at the Bombay House, the headquarters of the Tata Group, on Thursday morning. Tata Group acquired Air India from the Indian government in January 2022, and later Singapore Airlines purchased a 25.1 per cent stake in the airline. A source said he would be meeting senior Tata Group executives. Details about his planned meetings with the Tata Group executives could not be immediately ascertained. According to reports, the Singapore Airlines CEO will be meeting Tata Sons Chairman N Chandrasekaran. The meeting assumes significance against the backdrop of Air India facing multiple headwinds, including spiralling operating costs due to the airspace curbs in the wake of the West Asia conflict and the closure of Pakistan airspace for nearly a year now. These restrictions have forced the
Size of the infusion from the majority shareholders is still being discussed but may be less than what the carrier needs, meaning Air India would have to look for other financing options
Air India on Friday said it has signed a commercial cooperation framework agreement with Singapore Airlines as part of which the carriers will, among other things, explore ways to improve connectivity between Singapore and India. Singapore Airlines holds a 25.1 per cent stake in the Tata Group-backed airline. This strengthened collaboration allows the airlines to explore ways to improve connectivity between Singapore and India, delivering greater choice and benefits for customers, a statement said. The agreement was signed here between Air India Chief Executive Officer and Managing Director Campbell Wilson, and SIA Chief Executive Officer Goh Choon Phong on Friday, it said. Subject to regulatory approvals and the signing of definitive joint business agreements, the airlines aim to expand and enhance the product and service offerings, enabling seamless connections and more route options, and allowing customers to book flights across both airlines under a single unified journey, Air
Singapore Airlines reported a 67.8% drop in H1 profit, citing Air India's losses and lower interest income as key factors
After facing multiple setbacks, the ailing carrier is far from its goal of achieving operational break-even by the end of March next year and has sought ₹10,000 cr from Tata Sons, Singapore Airlines
Air India is working on improving the reliability of its aircraft, collaborating with Singapore on industry best practices and retrofitting legacy planes, its CEO Campbell Wilson told staff on Friday. After the fatal crash of its Boeing 787-8 aircraft that killed 260 people on June 12, the Tata Group-owned airline has come under increased regulatory oversight and the carrier is pursuing efforts to stabilise its operations. During a townhall with the employees, Wilson said the airline has started the retrofit of its wide-body fleet and the first legacy Boeing 787-8 plane, sent for retrofit to the US last month, will join back the fleet by December this year, according to sources. The airline has 26 legacy Boeing 787-8 planes and all of them are expected to be retrofitted by June 2027. The retrofit of all legacy 27 A320 neo aircraft will be completed by September 2025. Against the backdrop of some Air India aircraft facing technical snags, Wilson told the staff that the carrier is ..
The Indian airline is preparing to take on pre-flight and daily aircraft inspections, minor repair work and other troubleshooting activities from state-owned AI Engineering Services Ltd, or AIESL
Singapore Airlines on Tuesday said all fuel switches on its Boeing 787 aircraft -- as well as those belonging to its subsidiary Scoot -- are functioning properly in compliance with regulatory requirements. "As a precautionary measure, SIA and Scoot have carried out and completed checks on the fuel switches of the Boeing 787 aircraft in our fleet," the Channel News Asia quoted SIA as saying. SIA has 26 B787 planes in its fleet, while its low-cost, wholly owned subsidiary Scoot has 23. "The safety of our customers and staff is our top priority," said SIA, which is a 25.1 per cent partner of Air India and operator of daily SIA-Scoot flights to India. The Civil Aviation Authority of Singapore (CAAS) is also working with SIA and Scoot to conduct inspections of the fuel control switches of all active Singapore-registered Boeing 737, 787 and 747-400F aircraft, according to the Channel report. "There have been no findings from the inspections to date," CAAS said. India, South Korea, and
Tata Sons and Singapore Airlines invested Rs 9,558 crore in loss-making Air India in 2024-25, with the promoters pumping in Rs 4,306 crore alone in March this year. The airline, being piloted by Tatas since January 2022, has embarked on an ambitious five-year transformation plan. In November 2024, Vistara -- a joint venture between Tatas and Singapore Airlines -- was merged with Air India, following which the Singaporean carrier acquired a 25.1 per cent stake in Air India. In response to queries about fundraising, an Air India spokesperson told PTI on Wednesday that its shareholders have together infused fresh capital of more than Rs 9,500 crore in 2024-25 to meet the airline's capital expenditure requirements. Tata Sons invested Rs 3,224.82 crore, and Singapore Airlines put in Rs 6,333.18 crore in Air India, taking the total fund infusion to Rs 9,558 crore in the financial year ended March 2025. "Pursuant to the merger of Vistara with Air India in November 2024, the shareholders h
The airlines said in an official statement, The Singapore Airlines (SIA) Group extends our deepest condolences to the families and loved ones of everyone affected by the devastating Air India flight
Former civil aviation minister questions the airline's lack of public response six days after one of the deadliest air disasters involving an Indian carrier
Several Singapore Airlines (SIA) flights continue to be delayed or retimed due to the ongoing inclement weather in Singapore and the region, the carrier said in a statement on Sunday. This (inclement weather) is expected to continue through the weekend, it SIA. The carrier said it apologises to all customers for the inconvenience caused. We seek their understanding that the safety of our customers and crew is always our top priority. We will continue to closely monitor the situation and make appropriate adjustments to our flights where necessary, the carrier said. More than 50 Singapore Airlines flights over the two days (January 10-11) were delayed or re-timed due to the inclement weather, said a spokesman for the national carrier. Incessant rain that began early on January 10 continued well into January 11. Floods hit traffic flow in some areas and rainwater ingress affected lift operation at a high-rise apartment, according to a Straits Times report. Singapore has been experi
Singapore Airlines' jumbo A380 aircraft rolled back at the Delhi airport after parking on Monday, an incident in which a cabin crew suffered a minor bruise, and later, the plane was towed back safely to its designated parking bay. The aircraft was operating flight SQ406 from Singapore to the national capital on November 25. In a statement on Wednesday, an airline spokesperson said the plane "experienced a rollback after parking" at the airport, and the pilot immediately applied the brakes to halt the aircraft. Generally, after a plane lands and reaches the parking bay, the pilot first applies the toe brakes and then the parking brakes before switching off the engine. Later, the ground staff keep chocks on the front and back sides of the aircraft wheels. Once that process is complete, it is communicated to the pilot, who then releases the parking brakes. Chocks are broadly wedges that are used to ensure there is no movement of wheels. Also, some parking bays might have a slight slo
Vistara was a 51:49 joint venture between Tata Sons and SIA, while Air India was completely owned by Tata Sons
The merger with Vistara will enable Air India to operate 5,600 weekly flights connecting 90 destinations with a fleet size of 208 aircraft
Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding. Singapore Airlines (SIA) Group on Friday said its consideration for the merger comprises the 49 per cent interest in Vistara and Rs 20,585 million (Rs 2,058.5 crore) in cash in exchange for a 25.1 per cent equity interest in the enlarged Air India. Post-merger, SIA expects to recognise a non-cash accounting gain of around 1.1 billion Singapore dollars and also start equity accounting for its share of Air India's financial results. According to a release on Friday, the merger includes an ...