In a significant show of commitment towards turning around the financially struggling Air India, promoters Tata Sons and Singapore Airlines have collectively infused INR 9,558 crore into the airline during FY 2024–25, with a record capital injection of over INR 4,300 crore in the month of March 2025 alone. The fresh equity infusion comes as part of Air India's bold five-year transformation plan, initiated after the Tatas formally took over the airline in January 2022. The move also follows the much-anticipated merger of Vistara with Air India in November 2024, consolidating the Tata Group's aviation business. As part of this merger, Singapore Airlines (SIA) acquired a 25.1% stake in Air India, formalising its role as a key strategic partner in the restructured airline.