Singapore Airlines Group is open to injecting further capital into Air India (AI, Delhi International), saying its board would consider any funding request against the group's other investment requirements and Air India's business strategy.

"The Board will carefully consider any requests for additional capital from Air India," the carrier said in its July 17, 2026 response to questions from the Securities Investors Association (Singapore) ahead of its July 24 annual general meeting.

The parent of Singapore Airlines holds 25.1% of Air India following the latter's merger with Vistara (Delhi International) in November 2024. It described the investment as a pillar of its multi-hub strategy, providing access to India's domestic market and international traffic flows through Indian hubs.

The Singaporean group said its chief executive serves on Air India’s board and that it provides aviation expertise to support the transformation programme. As previously reported by ch-aviation, Singapore Airlines has also placed executives in operational, engineering, and maintenance roles at the Indian carrier.

For the year ended March 31, 2026, Singapore Airlines recognised SGD945.2 million Singapore dollar (USD731.6 million) in losses from Air India, while the carrying value of Singapore Airlines' stake fell to SGD1.1 billion (USD874.6 million) from SGD2 billion (USD1.6 billion) in fiscal 2024/2025. Air India recorded a SGD3.77 billion (USD2.9 billion) loss after tax in the full year 2025/2026.

Singapore Airlines said Air India was "making tangible progress in its transformation efforts" despite high fuel prices, rupee depreciation, supply chain disruptions, Pakistan's airspace closure to Indian airlines, and the 2025 B787-8 crash that killed more than 240 people. ch-aviation previously reported that Air India had sought additional funding from its owners and that Singapore Airlines later reaffirmed its support despite the losses.