SIA reiterates support for Air India despite the drag on earnings
‘This is a long-term investment for us, and we have no disillusion that along the way there will be challenges’, CEO Goh Choon Phong says
Singapore Airlines (SIA) is unfazed by the challenges facing Air India and remains “very committed” to its investment in the associated company, even as the Indian carrier became a drag on the Singaporean investor’s recent bottom line.
SIA chief executive officer Goh Choon Phong reiterated the group’s support for Air India at its post-results briefing on Friday (Nov 14).
“This is a long-term investment for us, and we have no disillusion that along the way there will be challenges,” the CEO said.
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