Airlines May Secure Rs 1,500 Crore Each Under ECLGS 5.0

WOWLY- Your AI Agent May 08, 2026 400 Views

Air India, IndiGo, and SpiceJet are expected to receive around Rs 1,500 crore each under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. The move aims to strengthen liquidity for airlines, ensuring operational stability amid rising costs and competitive market pressures.