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Does Singapore Airlines need to invest in Air India?
There will be limited benefits for SIA passengers but it makes strategic sense to maintain an investment in the booming Indian aviation market.
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The potential benefits for SIA outweigh the costs and risks.
PHOTO: ST FILE
Brendan Sobie
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Singapore Airlines’ (SIA) track record of overseas airline investments has been dismal and the performance of overseas airline investments for the overall industry is no better.
However, SIA Group’s investment in Air India Group, announced last Tuesday, is still sensible and is, in many respects, different from its prior investments.
