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SINGAPORE AIRLINES PROFIT
Air India makes tangible progress in transformation, but turnaround will take time: Singapore AirlinesAir India is making progress in its multi-year transformation, focusing on customer experience and operational improvements. Singapore Airl...- Singapore Airlines flight makes emergency landing in Australia after smoke detectedA Singapore Airlines flight from Brisbane to Singapore experienced smoke in the cabin during the journey. The aircraft made an emergency la...
- Air India losses narrow, but Singapore Airlines’ profit falls 44% as fuel costs riseIn its latest financial report, Singapore Airlines announced a net profit of S$134 million for the first half, down from S$239 million in t...
- Air India shortlists former Singapore Airlines executive Balagopal Kunduvara for CFO roleAir India has shortlisted former Singapore Airlines executive Balagopal Kunduvara for the CFO role as the airline steps up efforts to cut c...
- Air India CEO targets lower costs, higher passenger yields to steer airline towards profitabilityAir India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financ...
- Air India tightens spending controls as it battles losses and high fuel costsAir India is forming a dedicated team to identify cost-saving opportunities in operations while facing significant challenges. The airline ...
- Air India CEO looks to cut high maintenance bill of A350 fleet engines; sets up committeeTewolde Gebremariam is exploring ways to reduce the cost of Air India's Airbus A350 maintenance. The airline has faced higher expenses than...
- Nomura sees IndiGo emerging stronger from fuel shock; initiates Buy with Rs 6,000 targetNomura initiated coverage on InterGlobe Aviation with a Buy rating and a Rs 6,000 target price, implying around 20% upside from the Septemb...
- Air India's ₹10,000 crore fundraise plan draws cashflow concernsAir India is currently looking to secure ₹10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide c...
- Drugs, alcohol, bicycle & losses: The strange to-do list awaiting Air India’s new boss Tewolde GebremariamAir India’s incoming CEO Tewolde Gebremariam inherits an airline with global ambitions but an unusually complicated to-do list. Beyond tack...
- Air India's incoming CEO Tewolde Gebremariam weighs folding budget arm AI Express into group to cut costsAir India's incoming CEO is looking at merging Air India Express with the group to reduce operational costs, with the basic aim of streamli...
- Adani Airports raises ₹9,825 crore from four investors at $18 billion valuationAdani Airport Holdings is raising ₹9,825 crore ($1 billion) from Alpha Wave Global, Premji Invest, Temasek and BlackRock at an $18 billion ...
- Singapore Airlines seeks greater influence, tighter governance terms before Air India funding: ReportSingapore Airlines seeks more management influence and governance rights for Air India. This comes as Air India requests significant capita...
- Tewolde Gebremariam takes charge as Air India's new CEO, replaces Campbell WilsonTewolde Gebremariam has taken charge as the new Chief Executive Officer of Tata Group-owned Air India. He succeeds Campbell Wilson, who was...
- Air India gets new boss as Tewolde Gebremariam takes chargeTewolde Gebremariam officially assumes operational leadership at Air India this Monday, taking over from Campbell Wilson. With mounting pre...
- Singapore government won’t interfere in decisions on Air IndiaIn a decisive stance, Singapore's government has stated it will not step into Singapore Airlines' investment decisions concerning Air India...
- Singapore Airlines' board to retain final say on further Air India investmentSingapore Airlines’ board will retain the final decision on any further investment in loss-making Air India, chairman Peter Seah told share...
- Will consider Air India's biz strategy, other factors before deciding on additional fund requests: Singapore AirlinesSingapore Airlines will carefully consider Air India's capital requests. The airline group evaluates investments considering its own capita...
- Air India seeks $1.5 billion from owners Tata Sons, Singapore Air as losses mount, sources sayAir India is seeking around $1.5 billion in fresh equity from owners Tata Sons and Singapore Airlines to fund its turnaround, according to ...
- Singapore Airlines can thank Air India-Vistara merger for 2x profit in Q3Singapore Airlines' net profit surged over two times in the third quarter, boosted by a one-time S$1.10 billion gain from the merger of Air...
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