An Air India Boeing 787-8 Dreamliner was scheduled to fly from Ahmedabad, India to London, England on Thursday (12th), but soon after taking off, crashing into a medical school dormitory, causing serious casualties. Singapore's stock price once...
An Air India Boeing 787-8 Dreamliner was scheduled to fly from Ahmedabad, India to London, England on Thursday (12th), but soon after taking off, crashing into a medical school dormitory, causing serious casualties.
Singapore's stock price once fell to RMB 6.88 per share after opening, down 15 points from the previous trading day. This is the lowest trading price since May 16.
A Air India passenger plane carrying 242 people crashed shortly after takeoff. Affected by this, Singapore Airlines (SIA) fell 2.1% in the early trading on Friday (June 13).
As of 11:50 noon, SIA's stock price rebounded to 6.93 yuan, but it still fell 11 minutes or 1.57%, and the trading volume expanded to 6.228,000 shares.
In November 2024, Singapore Airlines completed a merger with Vistara, a joint venture under Tata Sons, and Air India. SIA holds a 25.1% stake in the expanded Air India.
According to Indian media reports, Air India's revenue in fiscal year 2025 reached a record 61,000 crore (approximately SGD 9.1 billion), achieving profits of uncounted special projects in the second half of the year.
