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Hit by Covid slump, Mumbai airport seeks moratorium till March 2022

Besides seeking a reduction in interest rate for all facilities (loans), the entity wants an additional term loan for the period ending March 2021

Topics
Mumbai airport | Coronavirus

Abhijit Lele  |  Mumbai 



mumbai airport, CSIA, MIAL, T2, flights, coronavirus, gvk
MIAL has not paid its debt obligations due in September and October, given that the restructuring plan was submitted prior to the due dates

Mumbai International Airport (MIAL), which has been hit by a slump owing to the pandemic, has sought extension in the payment holiday on loans till the end of March 2022, as part of the debt restructuring package.

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First Published: Mon, November 16 2020. 06:09 IST

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