ECLGS to help alleviate ‘stressed cash flows’ of airlines, other civil aviation entities: Hardeep Singh Puri

Civil aviation minister Hardeep Singh Puri on Sunday said airlines, airports, air ambulances and airports can avail additional funding facility under the ECLGS which will help alleviate their “stressed cash flows”.

Referring to the ECLGS (Emergency Credit Line Guarantee Scheme) 3.0 wherein aviation sector was included on Sunday, the minister said that it can help civil aviation meet their working capital term loan and additional term loan needs.