Even as the macros of the aviation industry are in favour of its growth, it may not fully recover anytime soon from the effects of Covid-19. Post lockdown, airlines will be operating at sub-par capacity. Passenger traffic for carriers is expected to register de-growth of 20-25% in FY21, CARE Ratings has said.
Covid-19 expected to mar FY21 for airlines
Passenger traffic for carriers is expected to register de-growth of 20-25% in FY21, CARE Ratings has said.
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This article was first uploaded on April six, twenty twenty, at thirty minutes past four in the morning.