Mumbai: Air India’s mounting losses may well reach Singapore’s parliament, with an opposition politician questioning the commercial logic of Singapore Airlines backing the Tata-owned airline, which has reportedly asked for a $1.5 billion bailout from its stakeholders to help effect a turnaround.
Workers’ Party MP Kenneth Tiong Boon Kiat opposed any future use of Temasek funds to support Air India through Singapore Airlines (SIA), which owns about 25% of the Indian carrier.
