SIA reiterates support for Air India despite drag on earnings
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‘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] 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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