{"id":361106,"date":"2020-07-04T10:07:37","date_gmt":"2020-07-04T04:37:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361106"},"modified":"2020-07-04T10:09:23","modified_gmt":"2020-07-04T04:39:23","slug":"domestic-airlines-need-3-3-5-bn-funding-amid-subdued-travel-demand-capa","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-airlines-need-3-3-5-bn-funding-amid-subdued-travel-demand-capa\/","title":{"rendered":"Domestic airlines need $3-3.5 bn funding amid subdued travel demand: CAPA"},"content":{"rendered":"<p>Domestic airlines, excluding IndiGo, may require funding requirements to the tune of $3-3.5 billion, with travel demand likely to remain subdued until the September quarter and no certainty of revival in the second half, aviation consultancy CAPA said in a report on Friday. <\/p>\n<p>The Centre for Asia Pacific Aviation (CAPA) had in late April said that Indian airlines, excluding IndiGo, will need to raise a minimum of $2.5 billion to survive the temporary grounding of the operations due to the lockdown imposed to contain Covid-19 spread. <\/p>\n<p>Stating that the demand-related risks are much higher than its earlier estimates, CAPA said the outlook remains &#8220;soft&#8221; as the recent traffic (after the resumption of domestic services from May 25) mostly comprised those passengers that were stuck in the &#8220;wrong&#8221; place at the time of imposition of lockdown on March 25, and started returning to their home base.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic airlines, excluding IndiGo, may require funding requirements to the tune of $3-3.5 billion, with travel demand likely to remain subdued until the September quarter and no certainty of revival in the second half, aviation consultancy CAPA said in a report on Friday. The Centre for Asia Pacific Aviation (CAPA) had in late April said that Indian airlines, excluding IndiGo, will need to raise a minimum of $2.5 billion to survive the temporary grounding of the operations due to the lockdown imposed to contain Covid-19 spread. Stating that the demand-related risks are much higher than its earlier estimates, CAPA said [&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":[135,167,130],"tags":[],"class_list":["post-361106","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361106","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=361106"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361106\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}