India’s Air Traffic Recovery Could Be Delayed to the End of 2023: CRISIL
Due to the crippling effects of the second COVID-19 wave in India, air traffic is predicted to drop in the 2022 fiscal, and the total recovery will only be possible by the fourth quarter of the following year, Indian analytical company CRISIL said in a report. However, despite modest debt servicing requirements, robust business models and healthy liquidity covers will sustain airport operators' credit quality this fiscal year. CRISIL's forecast... Read More