Kaul said the disruption aviation was experiencing would leave an impact well beyond 2020-21 unless the government lent support. The government is planning an extensive relief package for the aviation sector. Government sources part of forming the relief package said there would be multiple aspects to the relief package in order to take care of the reduced cash flow of airlines.
Primary measures will be extending two-month fuel credit from oil-marketing companies, waiving landing, parking charges and soft loan and waiver of all taxes from jet fuel like excise duty, value added tax. Simultaneously, the government will also ask banks to offer soft loans to airlines at 1 or 1.5 percent interest rate from banks based in Gujarat International Finance Tec-City (GIFT).