Indian Aviation Industry To Lose Millions of Passengers This Fiscal Year
COVID-19 has hurt the Indian economy. An already struggling aviation sector is going to lose a lot more business. It is expected that the domestic air traffic is going to fall to 80 to 90 million passengers only this fiscal year. With this, the delivery of more than 200 planes is also going to be put on hold at the moment. This is because the airlines have a severe cash shortage because of ceased commercial operations due to the ongoing lockdown. It was estimated that around 140 million passengers would be flying this year, but the Indian aviation industry has been turned upside down with the continuing global pandemic.
Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic
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