Singapore Airlines retains 25.1% stake in Air India, absorbs US$281.5 million of losses in first half

On November 12, 2026, Singapore Airlines confirmed it continues to hold a 25.1% stake in Air India. For the six months ended September 30, Singapore Airlines' net profit was S$134 million (US$104 million), down 44% year on year, with revenue setting a record of S$11.3 billion (US$8.8 billion); its share of Air India's losses was S$361.7 million (US$281.5 million), nearly 2.7 times group net profit, but an improvement from S$429.5 million (US$334 million) in the same period last year.