Overview
- Air India, which announced the changes Wednesday, will remove nearly 140 international flights a week from June to August, about 27% of its overseas schedule.
- The airline is suspending or trimming services to North America, Europe, Australia and Asia, and it is offering rebooking, free date changes or full refunds to affected customers.
- Singapore Airlines disclosed Air India lost about US$2.8 billion in FY2025/26, and SIA’s accounts reflect roughly S$945 million of related losses from that investment.
- SIA said Thursday its full‑year net profit fell 57% and warned higher jet fuel costs are still filtering through due to the Iran conflict and the closed Strait of Hormuz.
- Foreign carriers are adding India flights to capture displaced demand, a shift that could lock in higher fares if fuel prices stay high and airspace reroutes persist.