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Singapore Airlines Backing Air India Despite Financial Burden

Singapore Airlines' (SGX:C6L) 25.1% stake in Air India remains a pillar of its multi-hub strategy, granting it direct access to India's market, the airline company told investors in its responses to questions from the Securities Investors Association (Singapore).Shares of the company were up nearly 2% in Monday trading.The Indian air carrier recorded a share of losses from Air India of around SG$945.2 million in fiscal 2026, with investment value following to SG$1.13 billion, according to a company release on Friday.The company is working with Tata Sons to support Air India's transformation.

Financial News · Live Terminal

Singapore Airlines Backing Air India Despite Financial Burden

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iFast's Profit Jumps 35% in Q2

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Ballard Mining Reports its Highest Ever Intercept at Western Australia Gold Project; Shares Gain 5%

Medallion Metals Confirms Growth Potential at Western Australia Deposit; Shares Up 8%

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Acusensus Extends Queensland Mobile Phone and Seatbelt Enforcement Agreement for AU$4.3 Million

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Arika Resources to Raise AU$6.5 Million via Placement

China's Industrial Profits Growth Slows in June

Alebund Pharma Nets HK$185 Million From Full Exercise of IPO Over-Allotment Option

Correction: CXMT Surges 472% in Shanghai Debut

Singapore Airlines Backing Air India Despite Financial Burden

Bank Indonesia Governor Steps Down

ASX Midday Sector Update: Information Technology Stocks Jump, Energy Sector Struggles

Aedge Group Targets SG$3.5 Million Fund Raise Through Share Placement

Market Chatter: Mitsubishi Motors to Invest Additional 16 Billion Baht in Thailand by 2030; Shares Jump 4%

iFast's Profit Jumps 35% in Q2

Raffles Medical's Attributable Profit Down 9.6% in H1; Shares Down 4%

Ballard Mining Reports its Highest Ever Intercept at Western Australia Gold Project; Shares Gain 5%

Medallion Metals Confirms Growth Potential at Western Australia Deposit; Shares Up 8%

ES Group Forecasts 'Substantially Higher' Net Loss in H1

China Shares Open Lower as Chip Giant CXMT Starts Trading

Acusensus Extends Queensland Mobile Phone and Seatbelt Enforcement Agreement for AU$4.3 Million

Market Chatter: DeepSeek Halts Second Fundraiser Following US-China AI Competition Comments

Woodside Welcomes Western Australia Government's Grant of 'State Significant Project' Status to Gas Project; Shares Down 4%

Encounter Resources Says Drilling at Western Australia Copper-Gold Project Defines Target; Shares Rise 6%

Echo IQ Advances US Rollout of AI Platform in June Quarter

Arika Resources to Raise AU$6.5 Million via Placement

China's Industrial Profits Growth Slows in June

Alebund Pharma Nets HK$185 Million From Full Exercise of IPO Over-Allotment Option

Correction: CXMT Surges 472% in Shanghai Debut