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The Economic Times

Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore Airlines

Air India Singapore Airlines Singapore India Tata Sons Sia Temasek Group N Chandrasekaran

New Delhi: Singapore Airlines on Thursday said its board will carefully consider Air India's any requests for additional capital after taking into consideration the group's other capital requirements as well as the Indian carrier's business strategy.

The comments from Singapore Airlines come against the backdrop of the loss-making Air India seeking additional funds of USD 1.5 billion from its co-owners -- Tata Sons and Singapore Airlines. Besides, a Singapore Parliamentarian has raised concerns about Singapore Airlines providing more funding for Air India.

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