India a key growth area, is going to be a massive market: Singapore Air CEO

CEO Goh refused to be drawn on whether Singapore Airlines would be interested in buying a stake in Air India

Singapore Airlines Ltd. is committing to a strategy of working with international partners and establishing overseas hubs after the pandemic exposed the financial dangers of not having a domestic air travel market. 

The airline is open to opportunities and will evaluate potential synergies, Chief Executive Officer Goh Choon Phong said in an interview with Bloomberg News on Tuesday.

“We realized that without a domestic market has its challenges,” Goh said. “That’s why we have the multi-hub strategy. We establish an external hub, whereby we hope we can then participate in the growth from that market.”

Goh, a 58-year-old industry veteran