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Federation of Indian Airlines Urges Faster ECLGS 5.0 Fund Disbursal
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News18•05-10-2026, 19:15
Federation of Indian Airlines Urges Faster ECLGS 5.0 Fund Disbursal
- •The Federation of Indian Airlines has requested Civil Aviation Minister K Rammohan Naidu to help expedite fund disbursement under the Emergency Credit Line Guarantee Scheme 5.0.
- •The FIA represents major carriers including IndiGo, Air India, and SpiceJet, which are in urgent need of liquidity support.
- •Airlines have reported delays in receiving the balance amounts sanctioned under ECLGS 5.0 due to hesitation from lending institutions.
- •SpiceJet has reportedly availed Rs 150 crore under the scheme and is awaiting an additional tranche of Rs 350 crore.
- •The ECLGS 5.0 scheme is operational until March 2027 or until guarantees reach Rs 2.55 lakh crore, covering eligible businesses and scheduled airlines.
Key Questions Answered
The Federation of Indian Airlines (FIA) asked the minister to help facilitate the expeditious disbursement of funds and urgent credit support under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 for member carriers facing liquidity needs and delays from lenders.
The Federation of Indian Airlines represents major carriers including IndiGo, Air India, and SpiceJet.
SpiceJet has already availed Rs 150 crore under the ECLGS 5.0 scheme and is awaiting another tranche of Rs 350 crore.
