Overview
- The reported request totals about ₹10,000 crore (roughly $1.1–1.14 billion) from Tata Sons and Singapore Airlines, according to people cited by Bloomberg.
- Funding would focus on overhauling systems and building in‑house engineering and maintenance capacity, with support potentially structured as equity or an interest‑free loan, the reports say.
- In his first public comments in India since the June 12 crash that killed 260 people, CEO Campbell Wilson said the AAIB interim report found no faults with the aircraft, engines or airline operations, with the final report awaited.
- Wilson said Pakistan’s airspace closure has forced longer routings to Europe and North America and has caused an estimated ₹4,000 crore impact, pressuring costs and punctuality.
- Air India says it has completed interim compensation, deployed more than 600 staff in Ahmedabad and set up a Tata‑backed trust for families, as regulators stepped up audits and the airline temporarily cut wide‑body international flying.