Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg
Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg

India’s airlines face collapse as Modi government refuses to rescue billionaire owners

  • Close to 3 million jobs and more than US$11 billion in revenue could be lost in India this year because of the pandemic’s effects on aviation
  • Airlines suffered a total collapse in demand from March to May and need as much as US$2.5 billion just to keep flying until the end of this year

Topic |   India
Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg
Aircraft operated by AirAsia, Vistara – a joint venture between Singapore Airlines and Tata Group – and IndiGo stand at Terminal 3 of Indira Gandhi International Airport in New Delhi. Photo: Bloomberg
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