Airports Authority of India, airport firms face cash crunch

New Delhi: State-owned Airports Authority of India (AAI) and private airport operators are seeking funds to meet their working capital requirements, as restrictions to air traffic have crippled their revenue. The AAI has already taken a credit line of Rs 1,500 crore from State Bank of India to fund its working capital requirements, including paying salaries. People in the know said private operators are under huge financial duress as revenue isn’t enough to meet their working capital requirements.