According to Jagannarayan Padmanabhan, Director, C... moreAccording to Jagannarayan Padmanabhan, Director, Crisil Infrastructure Advisory, the current situation is unprecedented.
All aspects of the aviation sector are taking a hit - Airlines, retail , airport operations. The issue is quite unclear as to when this will end and what irreversible damage it will do to the sector.
He adds that the aviation sector in India is quite fragile, a few are still in the startup mode and others were already challenged for operation.
Read more on livemint.com