# Air India hasn’t yet publicly released its FY26 financial statements.

*aerospace · news · 2026-05-14 · The Financial Express*

## Key points

- Air India posted a record $2.80 billion loss for the year ending March 2025.
- This is the first time Singapore Airlines reported a full-year share of Air India’s losses.
- Air India will cut nearly 100 overseas flights, reducing international capacity by up to 27 percent.
- All 26 Boeing 787-8s and 27 older A320neos in Air India's fleet are scheduled for major upgrades.
- Jet fuel prices more than doubled following Middle East conflict and will impact costs further in FY2026/27.

**Companies:** Singapore Airlines, Air India
**Countries:** India, Singapore

[Read the full story on The Financial Express](https://www.financialexpress.com/business/industry-sia-annual-report-reveals-air-indias-biggest-loss-since-tata-takeover-2-8-billion-hit-in-fy26nbsp-4240885/)

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