Air India's losses narrow in H1 by ₹2,000 crore
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Air India’s losses fell by an estimated ₹2,000 crore in the first half of FY2026-27.
- ✓Singapore Airlines reported its share of losses dropped to S$361.7 million.
- ✓New CEO Tewolde Gebremariam, who took charge on October 1, said the airline is examining unit costs across every aspect of its business today.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Hindu
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Air India is under pressure to cut costs after a consolidated net loss of ₹22,238 crore in FY2025-26
Singapore Airlines' share of losses from Air India declined to S$361.7 million (approximately ₹2,720 crore) in the first half of FY2026-27, down from S$429.5 million (₹3,229 crore) in the corresponding period last year, marking a reduction of S$67.8 million (about ₹510 crore).
Based on Singapore Airlines' 25.1% stake in Air India, the figures imply that the Tata Group-owned airline's total losses fell to an estimated S$1.44 billion (₹10,837 crore), from S$1.71 billion (₹12,850 crore) a year earlier.
The moderation in losses offers some relief to Air India's financial backers, even as Singapore Airlines reported a 43.9% decline in its own first-half net profit to S$134 million (approximately ₹1,008 crore), amid a sharp increase in jet fuel costs.
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The Hindu
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