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Airlines seek easier Kamath panel's parameters on loan restructuring

Have sought intervention of Ministry of Civil Aviation for fresh credit lines

airlines, flights, aviation, plane, air travel

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Sources said SpiceJet, GoAir, Vistara, and regional airline TruJet had approached lenders for restructuring their loans. SpiceJet and GoAir have also approached banks for fresh loans as working capital

Arindam Majumder Hamsini Karthik New Delhi/Mumbai

5 min read Last Updated : Dec 28 2020 | 6:10 AM IST

Indian airlines, struggling with a pandemic-related demand slump, have sought from banks and the Reserve Bank of India (RBI) relaxations in the K V Kamath panel’s parameters on loan restructuring.

Bank executives have said while they are sensitive to the requirements of the aviation sector, unless there are relaxations at a regulatory level, airlines may not find success in recasting loans.

Executives of private airlines have said while they have asked

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