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Air India turnaround ‘not a walk in the park’, says Singapore Airlines CEO amid billions in losses

Air India turnaround ‘not a walk in the park’, says Singapore Airlines CEO amid billions in losses

May 15, 2026 - 10:27
 0

Singapore Airlines (SIA) Chief Executive Officer Goh Choon Phong has said that turning around Air India will not be an easy task, describing the process as something far more complex than a short-term project.


He emphasized that the transformation of the Indian carrier should be viewed as a “long game,” meaning it will require patience, sustained effort, and long-term strategic planning rather than quick fixes.

His remarks come at a time when Air India, in which SIA holds an investment stake, has reported significant financial losses, amounting to around S$3.8 billion in the latest financial year.

Despite these losses, Goh Choon Phong stated that Singapore Airlines remains committed to supporting Air India and continues to believe in the potential of the partnership.

He noted that airline restructuring is often challenging, especially for large carriers undergoing modernization, integration, and efforts to improve operational efficiency and service quality.

SIA’s position reflects confidence that, although the recovery journey will be difficult, Air India can eventually achieve stronger performance and long-term stability with continued backing and strategic reforms.

Air India turnaround ‘not a walk in the park’, says Singapore Airlines CEO amid billions in losses

May 15, 2026 - 10:27
May 15, 2026 - 11:18
 0
Air India turnaround ‘not a walk in the park’, says Singapore Airlines CEO amid billions in losses

Singapore Airlines (SIA) Chief Executive Officer Goh Choon Phong has said that turning around Air India will not be an easy task, describing the process as something far more complex than a short-term project.


He emphasized that the transformation of the Indian carrier should be viewed as a “long game,” meaning it will require patience, sustained effort, and long-term strategic planning rather than quick fixes.

His remarks come at a time when Air India, in which SIA holds an investment stake, has reported significant financial losses, amounting to around S$3.8 billion in the latest financial year.

Despite these losses, Goh Choon Phong stated that Singapore Airlines remains committed to supporting Air India and continues to believe in the potential of the partnership.

He noted that airline restructuring is often challenging, especially for large carriers undergoing modernization, integration, and efforts to improve operational efficiency and service quality.

SIA’s position reflects confidence that, although the recovery journey will be difficult, Air India can eventually achieve stronger performance and long-term stability with continued backing and strategic reforms.