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Go Air receives Rs 800 cr lifeline from banks amid turbulent times

With this credit line, the airline will not need to recast its loans

Topics
Go Air | wadia group | Aviation industry

Manojit Saha  |  Mumbai 



GoAir, airlines, flights
Sources said the loans extended to Go Air were under the Emergency Credit Line Guarantee Scheme 2.0

Wadia group-promoted Go Airline India Ltd (Go Air) has received a Rs 800 crore credit line from banks which will help the airline navigate through turbulent times that the aviation sector is facing due to the Covid-19 pandemic.

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First Published: Sat, February 27 2021. 08:50 IST

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