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SIA reiterates support for Air India despite the drag on earnings

by Sarkiya Ranen
in Technology
SIA reiterates support for Air India despite the drag on earnings
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‘This is a long-term investment for us, and we have no disillusion that along the way there will be challenges’, CEO Goh Choon Phong says

[SINGAPORE] Singapore Airlines (SIA) is unfazed by the challenges facing Air India and remains “very committed” to its investment in the associated company, even as the Indian carrier became a drag on the Singaporean investor’s recent bottom line.

SIA chief executive officer Goh Choon Phong reiterated the group’s support for Air India at its post-results briefing on Friday (Nov 14).

“This is a long-term investment for us, and we have no disillusion that along the way there will be challenges,” the CEO said.

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Tags: AirDragEarningsIndiaReiteratesSIASupport
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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