Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and co-owner Singapore Airlines, according to multiple reports citing people familiar with the matter. The request comes as the airline’s financial losses worsen, increasing pressure on its turnaround plans.
Reports say the funding would be part of a broader capital support process and, in some accounts, would be injected in phases. Singapore Airlines would contribute its 25% share of the equity, while Tata Sons’ additional support is described as being subject to timing and conditions. One outlet notes Tata Sons paused further equity support in the year to March 2026, with its Air India investment reportedly unchanged in that period.
Outlets largely focus on the size of the request—one of the largest publicly reported shareholder-funding efforts since Tata took control of Air India in 2022—while differing on the emphasis of how the money would be delivered (phased versus general infusion) and the recent status of Tata Sons’ willingness to provide additional equity.
