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India's aviation sector may face $3-3.6bn losses during April-June: CAPA
short by Kiran Khatri / on Wednesday, 25 March, 2020
The Indian aviation sector could face losses of about $3-3.6 billion during the April-June quarter of 2020-21, if all domestic and international operations remain grounded until June 30, aviation consultancy firm CAPA India said. Airlines could lose about $1.75 billion during the same period, while airports and concessionaires could report losses of $1.50-1.75 billion, according to CAPA India.
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