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Government fails to address woes of aviation sector: Airlines

India covid-19 pandemic Government
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The Indian aviation industry will require funding of up to ₹35,000 crore till 2022-2023 as profitability may take a hit due to sharp fall in revenues and higher fixed costs, ICRA earlier this week The government's proposals for privatising more airports and freeing up more airspace for civilian flights disappointed the aviation industry in the absence of any relief measures for cash-strapped airlines that have been grounded for over a month and a half due to the covid-induced lockdown. "Now we can almost certainly say two or three airlines may not survive the current crisis," said a senior airline official, with a no-frills carrier, who requested anonymity. "What has been announced is simply a case of rearranging the deck chairs on the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
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Deaths: 237 619
Recovered: 0
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