{"id":277026,"date":"2019-06-01T05:48:22","date_gmt":"2019-06-01T05:48:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277026"},"modified":"2019-06-01T05:54:56","modified_gmt":"2019-06-01T05:54:56","slug":"nda-2-0-will-need-to-strengthen-indian-aviation-capa","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nda-2-0-will-need-to-strengthen-indian-aviation-capa\/","title":{"rendered":"NDA 2.0 will need to strengthen Indian aviation: CAPA"},"content":{"rendered":"<p>Mumbai: The Narendra Modi-led Bharatiya Janata Party (BJP) government, which was recently voted back to power for the second consecutive term, will need to further strengthen its aviation sector and the airline\u2019s balance sheet to support growth and connectivity, aviation consultancy firm CAPA India said in a statement on Friday. <\/p>\n<p>\u201cIndia needs a stronger airline system with balance sheet to support growth and connectivity. Airlines in India must have stronger cash and liquidity profile to withstand higher oil prices, currency fluctuations, economic downturns and aggressive competition. Stress on financial fitness is critical,&#8221; CAPA India said. <\/p>\n<p>The agency has in February forecasted that Indian carriers are expected to collectively lose $550 million to $700 million for financial year 2020, against an estimated $1.7 billion loss for the 2019 year ending in March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: The Narendra Modi-led Bharatiya Janata Party (BJP) government, which was recently voted back to power for the second consecutive term, will need to further strengthen its aviation sector and the airline\u2019s balance sheet to support growth and connectivity, aviation consultancy firm CAPA India said in a statement on Friday. \u201cIndia needs a stronger airline system with balance sheet to support growth and connectivity. Airlines in India must have stronger cash and liquidity profile to withstand higher oil prices, currency fluctuations, economic downturns and aggressive competition. Stress on financial fitness is critical,&#8221; CAPA India said. The agency has in February [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-277026","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277026"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277026\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}