Aviation Diminished cash-flow and exhausted credit: India’s airlines are on the edge of a precipice Updated : August 24, 2020 05:39 PM IST What started as a descent at the beginning of the year has become a nosedive. Collectively, India’s airlines stand to lose between $3.5 billion—$4 billion in 2020. 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.