We have run out of words to describe the state of airlines in India: CAPA India

In its latest CAPA Advisory India Airline Outlook FY2022, the CAPA – Centre for Aviation has said that the industry is standing on the edge of a cliff. This is true even for airlines with access to large pools of capital. It said, ‘If we are to achieve the Honourable PM’s vision of affordable connectivity as a critical enabler of economic transformation, the viability of the airline sector must receive the highest level of attention and support from the Ministry of Civil Aviation’.