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Air India seeks $1.5 billion from Tata, Singapore Airlines: Report
August 28th 2026
Air India asked its owners, Tata Sons and Singapore Airlines (SIA), for about $1.5 billion in fresh equity, Reuters exclusively reported. Read More » The carrier, which posted a record annual loss months ago, seeks the funds as it undergoes a multi-billion-dollar revamp, including the refurbishment of its existing fleet, two people familiar with the matter told Reuters. “Air India wants the funds immediately, though the infusion is likely to happen in tranches. Singapore Airlines would need to contribute its share of the proposed infusion for the investment to go through,” one of the sources said. According to the report, Air India is seeking the funding in the form of fresh equity.