{"id":361174,"date":"2020-07-04T11:06:58","date_gmt":"2020-07-04T05:36:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=361174"},"modified":"2020-07-04T11:32:51","modified_gmt":"2020-07-04T06:02:51","slug":"domestic-airlines-may-need-usd-3-3-5-bn-funding-amid-travel-demand-uncertainty-capa","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/domestic-airlines-may-need-usd-3-3-5-bn-funding-amid-travel-demand-uncertainty-capa\/","title":{"rendered":"Domestic airlines may need USD 3-3.5 bn funding amid travel demand uncertainty: CAPA"},"content":{"rendered":"<p>Domestic airlines, excluding IndiGoNSE 1.03 %, may require funding requirements to the tune of USD 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 USD 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 IndiGoNSE 1.03 %, may require funding requirements to the tune of USD 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 USD 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 [&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":[192,130,136],"tags":[],"class_list":["post-361174","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361174","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=361174"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/361174\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=361174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=361174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=361174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}