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International Business Times UK
International Business Times UK
World
Tanmay Puri

Air India Pleads for £900 Million Lifeline After 240 Passengers Killed in Horror Crash

Why Air India’s £900 Million Funding Plea Faces Growing Criticism (Credit: Air India Instagram)

Air India, which is one of India's oldest airlines, has found itself in a deep crisis following a tragic crash and now a major financial plea. The airline is reportedly seeking a lifeline of at least ₹10,000 crore (about US$1.14 billion, approx £860 million) from its owners Tata Sons and Singapore Airlines in order to stabilise operations and rebuild trust following June's devastating accident that claimed more than 240 lives. The plea shows the pressure the airline faces in restoring safety, reputation and financial health all at once.

The deadly Air India crash

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