During a recent parliamentary session, Minister Jeffrey Siow and Workers' Party Member of Parliament Kenneth Tiong debated Singapore Airlines' involvement with Air India. Tiong raised concerns regarding the potential use of Temasek Holdings' capital to support the venture, emphasizing the need for clear risk boundaries. He clarified that his inquiries were motivated by commercial prudence rather than personal bias, following earlier social media remarks where he expressed opposition to using state funds for this purpose. In response, Minister Siow defended the airline's operational capabilities and its commitment to maintaining high service standards for Singapore. The discussion centered on the regulatory oversight of SIA as a designated entity under the Civil Aviation Authority of Singapore Act, highlighting the ongoing scrutiny of state-linked investments in international aviation partnerships.
Source : Mothership
Photo : Mothership
