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1 month ago
Questions over Singapore Airlines’ investment in Air India sparked an exchange between Minister for Transport Jeffrey Siow and Aljunied GRC MP Kenneth Tiong in parliament on Tuesday (Sep 8).
Mr Siow said Mr Tiong had drawn “multiple tenuous linkages” between SIA’s investment, the possibility of a taxpayer bailout and its ability to maintain air services in Singapore. He added that there was no basis to suggest SIA was making its investment decisions for reasons other than commercial ones.
Mr Tiong said he “categorically” rejected racism and xenophobia, and questioned why these issues were being raised in what he described as a “purely commercial matter”. He said Singaporeans needed to understand the risk limits surrounding the investment, noting that SIA holds a minority stake in Air India and does not have operational control. #sgnews #singapore
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