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Singapore Airlines Faces S$1 Billion Loss on Air India Investment

Singapore Airlines has incurred an estimated S$1 billion loss on its investment in Air India, with forecasts indicating further financial pain for the carrier.

12 Aug, 02:59 — 12 Aug, 02:59
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Sources

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FTVery High6d ago

Singapore Airlines loses about S$1bn on Air India bet — with more pain forecast

Timing of decision to take 25% stake ‘could not have been worse’, says executive

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