Mounting losses, safety concerns: Singapore Airlines steps in as Air India losses swell to $2.4 billion

SIngapore Airlines is increasing its in operation(p) role within beam bharat as the air hose grapples with mounting losses and heightened scrutiny followers recent safety concerns.The Singaporean carrier has begun embedding its own personnel within Air India, placing executives in critical functions such as flight operations, engineering, and maintenance in recent months, Bloomberg reported.These are areas where Singapore Airlines has long been regarded as a global benchmark.Meanwhile, Tata Group, which holds a 74.9% stake in Air India, is focusing on commercial strategy, human resources, finance, and information technology, the report added.Also Read | Air India plane crash: What exactly happened inside Boeing Dreamliner flight cockpit on June 12? A blow-by-blow accountDeepening of Singapore Airlines involvementThe move signals a significant deepening of Singapore Airlines’ involvement, particularly after the fatal Dreamliner crash.What was once a strategic partnership is evolving into a more hands-on operational role within India’s national carrier. Singapore Airlines had already stepped up engagement last year, initially through engineering support, before expanding into other areas.“We have been working closely with our partner Tata Sons to support Air India’s transformation programme” since the Singaporean carrier became a significant minority partner in the airline, a spokesperson for Singapore Airlines said in an emailed statement. The expanded involvement comes as Air India’s turnaround, one of the most ambitious in global aviation, proves more difficult and expensive than anticipated when Tata Group reacquired the airline from the Indian government in 2021.Losses have surged to around $2.4 billion over the past year, alongside repeated regulatory lapses and external disruptions, the report added. For Singapore Airlines, the situation has created both urgency and financial exposure.Also Read | Air India's Boeing 787 Dreamliner that crashed in Ahmedabad was just 12 years old, flew in from Delhi hours earlierAir India's earnings impacted, operational challenges tooIts earnings have already been impacted by Air India’s performance. The airline previously reported that losses from associated companies - largely linked to Air India - reached S$178 million ($139 million) in the December quarter, though it remains “firmly committed” to supporting the carrier’s revival alongside Tata.Uncertainty over when Air India might return to profitability is becoming an increasing concern, Bloomberg report added.Operational challenges extend beyond finances. The airline has faced issues including aircraft operating without valid airworthiness certificates, compliance concerns raised by European regulators, and the aftermath of a plane crash that led to service cuts and closer scrutiny of maintenance practices.Geopolitical factors have compounded these difficulties. The closure of Pakistani airspace and ongoing tensions in the Middle East have forced longer, costlier flight routes, adding pressure amid rising jet fuel prices.According to reports, Singapore Airlines CEO Goh Choon Phong and Tata Group Chairman Natarajan Chandrasekaran recently met in Mumbai to discuss a funding roadmap and the search for a new chief executive, following the resignation of Campbell Wilson.