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

Manojit Saha | Mumbai
Last Updated at February 27, 2021 08:50 IST

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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