Singapore Airlines Defends Its Decision to Invest in Loss Making Air India Singapore Airlines' (SIA) recent earnings report highlights the risks of investing in a market with uncertain prospects.
The airline's decision to invest millions in loss making Air India has led to significant losses, but SIA is standing by its strategy. Air India's struggles are well documented.
Despite a growing middle class and increasing demand for air travel, the carrier continues to hemorrhage money. Its latest loss of $2.