Aviation funds crisis: Indian airlines need whopping Rs 35,000 crore capital

Dec 04, 2018, 12:00 PM IST
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Aviation funds crisis: Domestic carriers, which are grappling with high fuel cost and falling rupee coupled with cut-throat competition, would require a massive capital infusion over the next three-four years, rating agency Icra said. Check out the state of aviation in India in brief:

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Jet fuel price

Jet fuel price

35% - rise in the average jet fuel price during April-November this year over the same period last year. Image Source: Reuters

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Fall in rupee

Fall in rupee

7.8% - fall in rupee against the US dollar during the same period. Image Source: Reuters

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Combined net loss

Combined net loss

Rs 3,640 crore - combined net loss reported by the three listed airlines in first half of this fiscal. Image Source: Reuters

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The first half of fiscal 2019

The first half of fiscal 2019

Rs 20 crore per day - lot by three listed airlines during the first half of fiscal 2019. Image Source: Reuters

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Fund infusion

Fund infusion

Fund infusion would help bring down the high debt levels in the airline industry. Image Source: Reuters

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Passenger load factory

Passenger load factory

Airlines are resorting to predatory pricing to maintain their passenger load factory. Image Source: Reuters

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Addition of new aircraft

Addition of new aircraft

On the other hand, capacities are on the rise with addition of new aircraft. Image Source: Reuters

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