New Delhi, Nov. 11 -- Singapore Airlines Ltd has reaffirmed its confidence in Air India, saying the Tata Group-backed carrier is making tangible progress in its transformation, but that rebuilding the airline will take time.

The Singapore carrier, which owns a 25.1% stake in Air India Group, reiterated its commitment in its results announcement to the Singapore stock exchange on Wednesday.

Its second-quarter net profit rose to S$209.7 million from S$52.4 million, helped by stronger operating performance and a lower share of losses from associated companies, mainly Air India. On 11 November 2026, S$1 was worth approximately US$0.78 and Rs.73.07.

For the six months ended September, however, Singapore Airlines' net profit fell 44% to S$13...