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Prof K Nageshwar: Aviation Sector Plunges Into Crisis (Video)

         కూలుతున్న విమానయానం, మహమ్మారి దెబ్బతో భారీగా నష్టాలు || Aviation Sector Plunges Into Crisis ||

India’s civil aviation sector will be battered by sharp declines in both domestic and international passenger traffic, aviation consultancy Centre for Asia Pacific Aviation India Pvt. Ltd (Capa India) said on Monday.

Consumer sentiment jolted by the virus outbreak, government curbs on air travel, and uncertainty over when they would be relaxed will severely hit airlines and allied industries.

Domestic air passenger traffic is expected to drop from an estimated 140 million in FY20 to around 80-90 million in FY21. International traffic is expected to almost halve from around 70 million in FY20 to 35-40 million in FY21, Capa India said in the report.

 

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Prof K Nageshwar:  Aviation Sector Plunges Into Crisis (Video)

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Summary
Prof K Nageshwar:  Aviation Sector Plunges Into Crisis (Video)
Title
Prof K Nageshwar: Aviation Sector Plunges Into Crisis (Video)
Description

కూలుతున్న విమానయానం, మహమ్మారి దెబ్బతో భారీగా నష్టాలు || Aviation Sector Plunges Into Crisis || India’s civil aviation sector will be battered by sharp declines in both domestic and international passenger traffic, aviation consultancy Centre for Asia Pacific Aviation India Pvt. Ltd (Capa India) said on Monday. Consumer sentiment jolted by the virus outbreak, government curbs on air travel, and uncertainty over when they would be relaxed will severely hit airlines and allied industries. Domestic air passenger traffic is expected to drop from an estimated 140 million in FY20 to around 80-90 million in FY21. International traffic is expected to almost halve from around 70 million in FY20 to 35-40 million in FY21, Capa India said in the report.