Air India posts annual loss of $2.8 billion

Air India reported a substantial loss of $2.8 billion for the fiscal year 2025-26, as revealed by Singapore Airlines in its annual financial report. This loss marks the largest annual deficit since the airline was acquired by the Tata Group in 2022.

The financial statements indicated that Air India's losses totaled 3.56 billion Singapore dollars, which, at current exchange rates, equates to $2.8 billion. The challenging financial performance underscores difficulties in the company's operational strategies and market conditions.