Domestic airlines require funding of over USD 3-3.5 billion to survive: CAPA
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As coronavirus lockdown hard hit aviation industry, aviation consultancy CAPA in a report said that domestic airlines, excluding IndiGo, may require funding of about 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. CAPA had in late April said that Indian airlines will need USD 2.5 billion to survive.