$新加坡航空公司(C6L.SI)$ Singapore Airlines has recorded nearly S$1 billion in operating losses less than 2 years after making a 25% investment in Air India. The investment, made in November 2024, came just months before a fatal Air India plane crash. The carrier is also facing a jet fuel crisis this year. Air India was also among Indian carriers banned from Pakistan airspace in April 2025, which has affected many of its routes. I will only invest if the share price drops below S$5, as it remains too expensive for me right now.