Tag Archives: CAPA

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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Coronavirus News Airlines May Ground 150 Planes, Stare at Quarterly Loss on Coronavirus Impact: Report

Fair Trade Regulator Sees No Evidence Of Collusion By IndiGo, SpiceJet: Report

The report said airlines already had very strained balance sheets before the coronavirus outbreak All Indian airlines will report significant losses in the first quarter of this year and may initially ground around 150 planes as the shock from the coronavirus pandemic will be “far deeper and much longer”, according …

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