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India’s refusal to bail out airlines is putting them on the verge of collapse

India’s refusal to bail out airlines is putting them on the verge of collapse

For nearly a decade now, India’s aviation industry has survived despite experiencing one rough patch after another. The Covid-19 outbreak followed by months of lockdown and the ensuing need for social distancing came to haunt India’s aviation industry at a time when it was already struggling with high fuel prices and massive tax burdens.