DossierENTITY

S$1bn

Coverage of S$1bn in the Nexus archive.

Earliest in view: Aug 12 · 02:59 UTCMost recent: Aug 12 · 02:59 UTC

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BUSINESSAug 12 · 02:59 UTCFINANCIAL TIMES WORLD
Singapore Airlines loses about S$1bn on Air India bet — with more pain forecast
Singapore Airlines lost approximately S$1 billion on its investment with Air India, and further losses are predicted. An executive stated that the timing of acquiring a 25% stake in Air India was extremely unfavorable.