Air India starts to skin SIA

NEW DELHI: Air India is seeking about US$1.5 billion in fresh equity from its owners Tata Sons and Singapore Airlines (SIA), months after the second-largest Indian airline posted a record annual loss, two people familiar with the matter told Reuters.

It would be one of Air India's largest publicly reported requests for shareholder funding since Tata took control of the former state-owned carrier in 2022. It highlights the challenges facing the airline as it undergoes a multi-billion-dollar revamp, including the refurbishment of its existing fleet.

The carrier and its budget unit Air India Express posted combined losses of US$2.33 billion in the fiscal year ended March, more than double the prior year's losses. The losses have also weighed on SIA's profits.

"Air India wants the funds immediately, though the infusion is likely to happen in tranches. SIA would need to contribute its share of the proposed infusion for the investment to go through," one of the sources said. CNA

Having been snared and trapped inside the net, SIA has no where to run but be skinned over and over again for as long as Air India wants it.  Air India is as good as saying, we lose money, SIA pays. This is standard Indian playbook on show. But no worry, Singapore has many good Indian contacts and can work out a deal through the back door, just like the previous victims. Instead of US$1.5 billion, the Indians would be kind to give a discount and be very happy with US$1.3 billion. And everyone will be happy and smiling, patting themselves on the back that they had a good deal. Be sure that this will not be the last. Robert Kuok had similar experiences, but not with India. When the leeches attached themselves to a hapless victim, there is no mercy.

Tata Sons would volunteer to pay their share quickly in a show of good faith. An excellent model partner to follow.  Just do what Tata Sons does, cannot go wrong. Is there any other clever choices available? Big question is whether Tata did pay anything at all. The whole scheme smell from a mile away.

How many big corporations and funds have been snared by the Indians and too ashamed to admit the truth? Enough said.

What would LKY do in such a situation? Remember LKY threatened to close down SIA when he found the situation too hot to handle? Air India is likely waiting for SIA to cut losses and sell its shares for a song. If not, SIA will continue to be bled forever in this investment made in heaven, from a highly profitable and well managed airline but with a big hole in Air India.  Poor shareholders seeing their dividends slipping through their fingers. How can this happen? Investing in SIA is a good choice, to make money, not to lose money! In India's case, they have found another ATM bloated with money.

What do you think? Without LKY around, how is SIA going to get out from this rut? Is SIA the only one in such a rut? Do you think Tata Sons will be paying a single cent for this? On paper maybe.

Trump is still hallucinating about Iran collapsing. Trump will collapse before Iran

More ha, ha, ha, ha and more parting Aloha.

Trump is twitting that Iran is collapsing. The same twitting since day one. This must be the same echo in the chamber when massive sanctions were erected against Russia four years ago. Russia was supposed to collapse and the Ruble turned to rubbles. Russia was touted to be completely isolated and the whole world was supposed to turn against Russia. What happened? Sure, the Ruble has depreciated today, but that goes for every other country including Japan, India and Indonesia that are doing even worse.

Scott Bessent is talking about 'economic D-Day' for Iran, even gloating about those sanctions having already yielded results. How did he know the yielded results when those further sanctions are not even imposed yet? These morons really have great foresight spouting nonsense while working blindly.

Scott Bessent is also threatening the world about secondary sanctions if they do not follow the USA by sanctioning Iran. If that fails, how about 'university' sanctions too, lol. The progression is ironic - from primary sanctions to secondary sanctions with university sanctions the next leap forward.

Meanwhile, Iran has also threatened retaliation against any country that follows the USA sanctions on Iran. Iran is not all about following the footsteps of NATO - No Action Talk Only. They always made good on their threats.

What about countries continuing to deal with Iran, like China, Russia and those countries in BRICS, and what is the USA going to do? By all means impose secondary sanctions on them, but countries in BRICS have been threatened enough and just have to stop dealing with the USA, and trade more among themselves. The Global South market is multiple times bigger than the USA and its doggies. When that happens, the sanctioning country is going to sanction itself and the collapse is going to be faster when completely isolated.

The rest of the world just have to take a leaf from the Canadians, by standing up to the bully and find ways to isolate its economy from the USA. Succumbing means allowing the USA to continue to threaten to no end, just like trade wars and tariffs.

Do not assume that all these sanctions against Iran and any secondary sanctions against other countries does not harm to the USA. Iran just has to keep a stranglehold on the Strait of Hormuz and oil prices will continue to remain high. As Iran has already warned, those countries that follow the USA in imposing economic sanctions on Iran will risk retaliation by Iran, with oil shipments not going through the Strait of Hormuz and Bab Al Mandab for them. Think about that.


Anonymous

The American savages will never defeat the proud and brave Iranian people

The USA military is still living in 'La la land', a mindset of a bygone era. Very telling indeed, that it just needs a mid-tier military power like Iran to put it in its place. Not one needing naval or air superiority to carry that out.

USA's military adventure in the Middle East has failed beyond imagination. Only denial is still holding up USA's ego in place. Trump has no more cards to play militarily and is turning to economic isolation to rein in Iran, which is going to fail. Sanctions have never been known to succeed in bringing down a regime anywhere in the world. This has been proven for decades - in Cuba, North Korea, Iran, Russia and a host of other minor nations.

More than 45 years have gone by with USA sanctions on Iran, but Iran has not collapse. Still breathing, still retaliating, still standing and its people more patriotic, with even bribes to buy over its top IRGC leaders falling flat. What a shameful failure. Throwing more at Iran is going to make it even more determined to survive.

A civilization of several thousand years like Iran knows about overcoming odds and sufferings, about how to survive and how to rise up from the ashes. Like China, Iran has not collapse from internal turmoil nor external subterfuge. Like China, in the face of adversity, the people moved closer to its leaders, never going to succumb. Canada is taking a leaf from China and the whole world saw what it has done so far and are honestly taking hats off to Mark Carney for his bravery.

But Mark Carney needs to be careful with his moves. Pakistan's outed leader, Imran Khan, was highly impressed with and wanted to follow China's socialist policy of lifting millions out of poverty. That was an afront on the highly touted but failed democratic model of the USA. Imran Khan was removed through a coup instigated by the USA. He was also the first leader to visit Putin at the start of the Ukraine War. They got to him in a pre-emptive move.


Anonymous

Israel's control over Trump is complete with Barron's bounty

 Who spread this news about  US$10 million bounty on Barron Trump? Is this disinformation or fact? According to Scott Ritter, the Iranians are very decent and civilised people. They would not resort to such savage tactics against a young man. Such low down behaviours are the behaviours of the uncivilised American and Israeli terrorists. Wherever the origin of this information, the impact on Trump is very real. Trump has never been threatened and never been in such a fearful state. The few 'assassination' attempts against Trump were easily laughed off as jokes. In the case of Barron's life, Trump was reported to have called off strikes on Iran for two weeks. This bounty has grabbed Trump by the balls and he is very disturb and in genuine fear of the threat being carried out. Poor Barron is going to pay for the sins of his mass murderer father.

If the origin of this bounty comes from the Israelis, it is a masterstroke. Who else has the motivation or reason to want to kill Barron? Don't think the Iranians want to despite the assassination of Ali Khamenei and the killings of so many Iranians. The only possible assassin with a real motive is Israel. Whether this bounty is real of a hoax, it serves as a warning to Trump. Your son can be killed.  And the Israelis can take out Barron very easily. They are all around Barron and also in his homes or the White House. Barron has no defence against a threat that is trusted, friends, or even his security details.

Trump would now have to do everything the Israelis want him to do or else.  His Israeli handlers can tell him like a joke, like the Israelis can do it but will not. But this joke can become a reality if the Israelis want to do it. It is even more effective than all the Epstein Files! With this bounty, when the Israelis do it, everyone will say it is Iran. It is so obvious. The Iranians have a bounty on Barron. Must be Iran.

Trump is a now complete prisoner of the Israelis. Period. Well done Mossad. You now own the President of the USA one hundred per cent. Barron's life is at the mercy of the Israelis. And the Israelis can do it and will do it when necessary.

Bessent is competing with Trump to be the most intelligent clown in America

More ha, ha, ha, ha and more parting Aloha.

Trump is twitting that Iran is collapsing. The same twitting since day one. This must be the same echo in the chamber when massive sanctions were erected against Russia four years ago. Russia was supposed to collapse and the Ruble turned to rubbles. Russia was touted to be completely isolated and the whole world was supposed to turn against Russia. What happened? Sure, the Ruble has depreciated today, but that goes for every other country including Japan, India and Indonesia that are doing even worse.

Scott Bessent is talking about 'economic D-Day' for Iran, even gloating about those sanctions having already yielded results. How did he know the yielded results when those further sanctions are not even imposed yet? These morons really have great foresight spouting nonsense while working blindly.

Scott Bessent is also threatening the world about secondary sanctions if they do not follow the USA by sanctioning Iran. If that fails, how about 'university' sanctions too, lol. The progression is ironic - from primary sanctions to secondary sanctions with university sanctions the next leap forward.

Meanwhile, Iran has also threatened retaliation against any country that follows the USA sanctions on Iran. Iran is not all about following the footsteps of NATO - No Action Talk Only. They always made good on their threats.

What about countries continuing to deal with Iran, like China, Russia and those countries in BRICS, and what is the USA going to do? By all means impose secondary sanctions on them, but countries in BRICS have been threatened enough and just have to stop dealing with the USA, and trade more among themselves. The Global South market is multiple times bigger than the USA and its doggies. When that happens, the sanctioning country is going to sanction itself and the collapse is going to be faster when completely isolated.

The rest of the world just have to take a leaf from the Canadians, by standing up to the bully and find ways to isolate its economy from the USA. Succumbing means allowing the USA to continue to threaten to no end, just like trade wars and tariffs.

Do not assume that all these sanctions against Iran and any secondary sanctions against other countries does no harm to the USA. Iran just has to keep a stranglehold on the Strait of Hormuz and oil prices will continue to remain high. As Iran has already warned, those countries that follow the USA in imposing economic sanctions on Iran will risk retaliation by Iran, with oil shipments not going through the Strait of Hormuz and Bab Al Mandab for them. Think about that.


Anonymous