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Air India reported seeking shareholders' financial help after a wider-than-expected annual loss
April 16th 2026
Air India’s loss for the fiscal year ended March 31 reached more than 220 billion rupees ($2.4 billion), prompting the company to seek financial aid from its shareholders, the people familiar with the situation told Bloomberg. Read More » The loss figure is substantially larger than the $1.6 billion reported by Bloomberg News in January. According to the insiders, Tata Group and Singapore Airlines (SIA) are in talks to inject cash into India’s flag carrier. The size of the infusion is still being discussed, but it may be less than the carrier needs, meaning Air India would have to seek other financing options, the people said.
