Financing of Indian airline losses approaching a dead-end
India's beleaguered airline sector will increasingly have to seek innovative sources of funding as traditional options dry up. With the sector having already accumulated losses of USD6 billion in the last five years, which will be compounded by a record USD2.5 billion loss in the 12 months to 31-Mar-2012, existing providers of capital are increasingly nervous about the sector's viability.
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