Air India badly needs saving. Singapore Airlines is playing saviour

Air India, the struggling national carrier of India, is reportedly in talks with Singapore Airlines for a potential investment or takeover.

Singapore Airlines, which is one of the world's leading airlines, has expressed interest in acquiring a stake in Air India as part of its expansion plans in the Indian market.

Air India, which has been incurring losses for years, is currently owned by the Indian government and has been put up for sale twice before without any successful bids.

The Indian government has set a deadline of March 31, 2022, for the submission of expressions of interest for Air India.

If a deal is finalized, it would be a significant development in the Indian aviation industry.