Market Chatter: Singapore Government Won't Interfere in Singapore Airlines' Decisions for Air India Bailout
MT Newswires09:25
The Singapore government will not intervene in Singapore Airlines' (SGX:C6L) decisions regarding Air India, which is seeking around 100 billion Indian rupees in financial aid from shareholders, Bloomberg reported Saturday.
Singapore's Senior Minister K Shanmugam told reporters that it was the airline's responsibility to assess its investments in Air India and the resources it has for the company's long-term growth and profitability, the report said.
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