Tag Archives: Airline companies

Many Airlines At Brink Of Bankruptcy, Need Government Support: Industry Body

April 1, 2020 Business Comments Off on Many Airlines At Brink Of Bankruptcy, Need Government Support: Industry Body

Aviation Industry Stares At Loss Of Up To $3.6 Billion In Q1 Due To Travel Ban

New Delhi: As cash reserves of aviation sector companies are “running down quickly” as planes are grounded amid the coronavirus pandemic, industry body FICCI on Wednesday recommended several measures to Finance Minister Nirmala Sitharaman and Civil Aviation Minister Hardeep Singh Puri to help aviation firms. FICCI stated in its letter …

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