Air India Seeks $1.1 Billion Lifeline From Tata, SIA After Crash

Bloomberg Markets 7 hours ago 57

Unprofitable Air India Ltd. is seeking at least 100 billion rupees ($1.1 billion) in financial support from its owners Tata Sons Pvt. and Singapore Airlines Ltd., said people familiar with the matter, as the airline grapples with the aftermath of a deadly plane crash among other challenges.

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