{"id":419508,"date":"2021-06-10T08:38:55","date_gmt":"2021-06-10T03:08:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=419508"},"modified":"2021-06-10T09:00:34","modified_gmt":"2021-06-10T03:30:34","slug":"private-airport-operators-send-sos-to-govt-say-operations-unsustainable","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/private-airport-operators-send-sos-to-govt-say-operations-unsustainable\/","title":{"rendered":"Private airport operators send SOS to govt, say operations unsustainable"},"content":{"rendered":"<p>India\u2019s private airport operators have sought urgent relief from the government to ensure sustaining operations at airports and save jobs.<\/p>\n<p>The Association of Private Airport Operators (APAO) on Wednesday issued a statement saying they \u201care not generating sufficient cash flows to sustain operations, and meet debt obligations.\u201d Further, their downgraded credit ratings \u201chave made it impossible to take further financing support from financial institutions\u201d and \u201cthere is a worry that many (sectoral) jobs will be lost.\u201d <\/p>\n<p>APAO counts operators of Delhi, Mumbai, Hyderabad, Bangalore airport as its members<\/p>\n<p>Airport apex body says aeronautical revenues have reduced by 75-80 per cent. Hit by the Covid-19 pandemic, Indian airport operators are struggling with a severe cash crunch, according to APAO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s private airport operators have sought urgent relief from the government to ensure sustaining operations at airports and save jobs. The Association of Private Airport Operators (APAO) on Wednesday issued a statement saying they \u201care not generating sufficient cash flows to sustain operations, and meet debt obligations.\u201d Further, their downgraded credit ratings \u201chave made it impossible to take further financing support from financial institutions\u201d and \u201cthere is a worry that many (sectoral) jobs will be lost.\u201d APAO counts operators of Delhi, Mumbai, Hyderabad, Bangalore airport as its members Airport apex body says aeronautical revenues have reduced by 75-80 per cent. [&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-419508","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\/419508","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=419508"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/419508\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=419508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=419508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=419508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}