26-Mar-2020 12:26 AM
Projecting the potential financial impact of COVID-19 on Indian Aviation
Direct News Source
The extension of the domestic lockdown until at least 15-Apr-2020 is the right decision by the Government of India. However, it has ensured that aviation will be seriously impacted by COVID-19. The April-June quarter, traditionally one of the stronger quarters of the year for Indian airlines, is increasingly looking like it will be a washout.
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This press release was sourced from CAPA India on 24-Mar-2020.