Tag Archives: Aviation industry travel ban

Aviation Industry Stares At Loss Of Up To $3.6 Billion In Q1 Due To Travel Ban

March 25, 2020 Business Comments Off on Aviation Industry Stares At Loss Of Up To $3.6 Billion In Q1 Due To Travel Ban

Aviation Industry Stares At Loss Of Up To $3.6 Billion In Q1 Due To Travel Ban

Aviation consultancy CAPA on Wednesday projected initial losses of $3.3-3.6 billion for the Indian aviation industry in the first quarter of FY2021 in the eventuality of all air services including domestic remain shut until June due to the coronavirus pandemic. The pandemic has had a significant impact on the aviation …

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