Aviation Analysis: India’s airlines face a crushing liquidity crunch Updated : September 13, 2019 06:47 AM IST Airlines, after all, require large amounts of capital for day-to-day operations. Currently, there are six airlines in operation with three being profitable on a net basis. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.