Mumbai, April 16 (IANS) Singapore Airlines CEO Goh Choon Phong is likely to meet senior executives of the Tata Group on Thursday at Bombay House in Mumbai, with discussions expected to focus on the financial and operational challenges facing Air India.Goh is reported to have arrived in Mumbai earlier in the day and is expected to hold detailed talks with Tata Group leadership on the airline’s ongoing turnaround efforts.According to sources, he is also likely to meet Tata Sons Chairman Nataraja…
Latest Singapore Airlines News & Updates
New Delhi, April 15 (IANS) Air India has reported a wider-than-expected annual loss of over Rs 22,000 crore ($2.4 billion or Rs 220 billion) for FY26, prompting the airline to seek fresh capital support from its shareholders, including Tata Group and Singapore Airlines, a report has said.The loss for the financial year ended March 31 significantly exceeded earlier internal estimates and comes amid a series of operational and geopolitical disruptions that weighed heavily on the airline’s perfor…
New Delhi, April 13 (IANS) Air India is planning to introduce a new performance-linked stock options reward system for its employees in order to boost productivity as the Tata Group looks at ways to turn around the loss-making airline. Eligible employees, including pilots, engineers, and senior management, will be able to buy shares after being granted stock options at prices between the Rs 4 face value and the market value at the time of grant, according to a report in Livemint on Monday.The pl…
New Delhi, April 7 (IANS) Multiple reports on Tuesday said that Air India Chief Executive Officer (CEO) Campbell Wilson has resigned before his term ends. The airline was yet to issue an official statement on this development.Wilson is currently serving his notice period, according to reports.The Tata Group airline has not made any public statement yet. A query sent to airlines was not immediately answered.It is also unclear if the company has found a replacement. The board was scouting since la…
Ahmedabad, March 27 (IANS) Air India has announced that all its domestic flight operations at Sardar Vallabhbhai Patel International Airport (SVPIA) in Ahmedabad will move from Terminal 1 to Terminal 2, effective on March 29. The change affects Air India’s schedule of 210 weekly domestic flights operating to and from Ahmedabad.The airline’s international flights at the airport already operate from Terminal 2. From the specified date, all Air India arrivals and departures will operate exclusi…
New Delhi, March 2 (IANS) Global and Indian airlines cancelled and diverted hundreds of flights for a third straight day on Monday after the escalating US-Israel and Iran war prompted widespread airspace closures across West Asia and the Gulf.Airlines in the Asia Pacific (APAC) region posted losses in early trading sessions. Interglobe Aviation Ltd, that operates IndiGo, dipped 4.24 per cent.Singapore Airlines tanked over 6 per cent in early trading on Monday, while Japan’s ANA and JAL each dr…
Wellington, Feb 24 (IANS) Two new measles cases linked to overseas travel and from the same household have been detected in Auckland, three weeks after New Zealand declared an earlier outbreak over.Locations of interest include Singapore Airlines flight SQ281, which arrived in Auckland on February 17, Auckland International Airport, and the Waitakere Hospital’s emergency department waiting room, Health New Zealand said in a statement on Tuesday.Public health officials are tracing contacts, parti…
New Delhi, Jan 5 (IANS) The Tata Group has started looking for a new Chief Executive Officer to head Air India as the airline is going through a turbulent phase following the Ahmedabad plane crash and has not been able make a financial turnaround at the required pace after it was taken over from the government as part of the privatisation process.Tata Group Chairman N. Chandrasekaran has already held preliminary discussions with potential CEO candidates who have experience in managing large airl…