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03.05.2021 / 14:28

Covid-19: Capa India says second wave could lead to collapse of aviation sector

NEW DELHI : The ongoing second wave of coronavirus infections, which has brought the country's healthcare system to its knees, could precipitate a collapse of the domestic aviation sector, aviation consultancy firm Capa India said in a report on Monday.This will also accelerate consolidation in the industry resulting in two to three airlines operating in the domestic sector, down from six major airlines and three regional carriers that currently operate in the space, it added."Most Indian airlines were already very vulnerable prior to covid, with weak balance sheets and poor liquidity.

city New Delhi India Coronavirus Waves

Advance air ticket sales could prove costly: Capa India

Aviation minister Hardeep Singh Puri had last week said that airlines can accept domestic bookings after 14 April, unless the lockdown is extended

Hardeep Singh Puri city New Delhi India covid-19 experts Government

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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