Singapore Airlines (SQ), has incurred nearly S$1 billion or about $780 million, in operating losses from its 25% stake in Air India (AI), less than 2 years after completing the investment in November 2024.
The Tata Group has completed the implementation of Air India’s employee share benefit scheme by allocating 98 crore shares to the airline’s permanent employees. These shares account for approximately 3% of the airline’s equity.
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