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'Pawan Hans' is latest to hit by financial crisis, unable to pay April salaries

Indian aviation sector sees continuous turbulence as the national helicopter carrier 'Pawan Hans' is the latest to get hit by financial crisis after Kingfisher Airlines & Jet Airways. The company sent a circular to its employees-it can't pay April salaries due to uncomfortable financial position. The financial instability deteriorated following the outstanding amount lying with customers shot up to more than Rs230 crores.