Singapore Airlines Committed to Air India Transformation Despite Losses

Singapore Airlines, which owns a big piece of Air India, is telling everyone they still believe in Air India's future.

Even though Air India lost a lot of money last year, making Singapore Airlines' own profits look much smaller, the CEO said it's a long-term plan.

Air India is working hard to improve everything, like its planes and how it treats customers.

Owning part of Air India lets Singapore Airlines be a part of India's growing travel market.

The CEO mentioned that the money problems for Air India are mostly on paper and don't hurt Singapore Airlines' actual cash.

Air India had a tough year with a crash, closed airspace that made flights longer, and money issues.

Singapore Airlines is on the board of Air India and helps out when needed, but they are committed to waiting for Air India to get better.