India, May 15 -- Air India Group recorded a record loss of more than $2 billion for its 2025-26 fiscal year, according to shareholder Singapore Airlines' annual report, as India's second-largest airline grappled with disruption from the Iran war and Pakistan's ban on Indian carriers from its airspace. In the report released on Thursday, Singapore Airlines (SIA), which owns a 25% stake in Air India, said the Indian group's losses amounted to $2.80 billion at current exchange rates, for FY2026. The loss will be another major setback for Air India, which has been forced to cut scores of international flights in recent months, hitting turnaround plans at the Tata Group-owned airline. Air India, which is not listed in India and has not yet filed its earnings with local regulators, declined to comment. Its 2024-25 standalone loss stood at $415 million, with consolidated losses when including Air India Express of $1.13 billion.P12...