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The Telegraph

Singapore Airlines says Air India investment funded through internal resources

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Singapore Airlines says Air India investment funded through internal resources
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Singapore Airlines (SIA) says its 25.1% investment in Air India has been, and will continue to be, funded through internal resources, responding to questions in Singapore’s parliament about whether losses from foreign associates could affect its ability to provide essential transport services. The carrier said its investment is subject to board approval and its capital allocation framework. After Vistara was consolidated into Air India in November 2024, SIA acquired the stake in the enlarged Air India Group. SIA cited strong liquidity: SGD 10.48 billion in cash reserves as of June 30, with less than SGD 3 billion due in current obligations within 12 months.

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