Chief Financial Officer Aditya Pande said the airline's liquidity position was stable, as it had raised over Rs 1,800 crore from asset monetisation in the last quarter. Other initiatives for liquidity infusion included renegotiation of contracts and credit line. Daily cash burn, too, reduced to Rs 25 crore from Rs 30 crore at the end of the first quarter due to addition of flights. In the next couple of quarters, the airline aims to mop up another Rs 3,000 crore of liquidity, he said.
Dutta said the airline aimed to quickly ramp up its international flights (currently 20 per cent of last year) once the government eases restrictions, but has no immediate plans to fly long-haul routes due to route profitability concerns.
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