2008/09 - Indian aviation's lost year

The Indian Government is reportedly finalising a USD1 billion relief package for all domestic carriers, to help them through the darkest chapter in the country's aviation history. The package, to be unveiled in the coming months, reportedly involves some cash injections (Air India alone is seeking USD286 million in cash, as well as soft loans), as well as deep discounts in airport charges and the abolition of excise duties on jet fuel.