Why Singapore Airlines is still backing Air India despite an 'awful year': Analyst

[News Feeds]

Brendan Sobie from Sobie Aviation says Singapore Airlines continues to support Air India despite an “awful year” as the investment was always intended as a long-term India bet. He adds that Singapore Airlines’ strong earnings were driven by Europe demand and delayed fuel cost pressures, but warns the Iran conflict and higher fuel prices will weigh on future airline earnings.

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