SIA reiterates support for Air India despite drag on earnings
CEO Goh Choon Phong says the Indian carrier is a long-term investment, and that the group has no illusion that the journey will be free of challenges
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[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 has become 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).
He said Air India was a long-term investment, and that the group had no illusion that the journey would be free of challenges.
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