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Coronavirus shutdown: Bailout the only way out for Indian airlines?

Airlines are projected to lose around Rs 17,000 crores this fiscal year because of the coronavirus-induced lockdown. Will the sector - which employs 7.5 million and contributes about 2 per cent to India's GDP - survive with cost-cutting measures? Or is bailout the only way out? ET's Anirban Chowdhury explains how the Indian aviation industry will look in the near future. Watch now.
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