Aviation

Will All Indian Airlines Survive?

On India Development Debate, The Indian aviation sectors flying through turbulence is no big surprise..But in a latest bad news for the industry, sources tell ET NOW that SpiceJet will make daily payments to AAI for flights..As per a new plan, they will pay around 60 lakh and will also submit AAI how they aim to clear their past dues..On the other hand, CAPA says that India’s avaition sector will be reduced to 2-3 players without recapitalization

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