Air India faces difficulty gaining a loan with Indian banks, who are unwilling to lend without sovereign guarantee (Economic Times, 23-Jun-2010). The carrier had floated a tender in May-2010 to raise USD1.2 billion to refinance loans used for the purchased of 21 aircraft.
Air India faces difficulty gaining loan from banks
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CAPA India Aviation Outlook 2017/18: Surging traffic but infrastructure constraints become critical
India’s status as the fastest growing aviation market in the world creates tremendous opportunities. But risks are also heightened as the inadequacy of India’s infrastructure planning, a fast emerging shortage of skills, flawed policy initiatives, and weak regulatory oversight threaten to become major stumbling blocks. The potential is enormous; but unless government bites the bullet, it will be seriously constrained.
This report is a short extract from CAPA's comprehensive 200-page India Aviation Outlook Report FY2017/18, to be released in Feb-2017 at the CAPA India Aviation Summit. The Outlook includes CAPA's projections for traffic, capacity, yields and earnings and presents fleet induction plans, detailed operating and financial analysis and risk assessments of each Indian airline and airport operator. The report also includes analysis of policy and regulatory issues.