No end to woes of aviation sector in near term

By: |
July 12, 2021 2:15 AM

It forecasts ~82% of pre-Covid demand by March 2022 and possibly ~100% by H2FY23.

It envisages international to remain subdued and to recover only by FY24.It envisages international to remain subdued and to recover only by FY24.

Painting a grim picture, global aviation consultant CAPA believes the second Covid wave could precipitate a collapse of the aviation sector.

It forecasts ~82% of pre-Covid demand by March 2022 and possibly ~100% by H2FY23.

It envisages international to remain subdued and to recover only by FY24.

With rising supply-side risk, the structure of competition may change in the near to medium term, resulting in a 2-3 horse race in the sector, it has said.

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