Cutting off air: Is the government doing enough to resuscitate the aviation industry?
BCCL
Another problem scaling up of operations will not solve will be muted demand. Despite safety measures, people are still wary of non-essential travel.
Synopsis
The airline, operating at a capacity of 55% of pre-Covid level, says it will take a few more months to return to normalcy. IndiGo had to renegotiate with lessors and trim expenses.
16 mins read, Last Updated:
March 2020 was a summer like none before for the Indian aviation sector. As the country went into an unprecedented lockdown on March 24, all domestic and international flights were grounded. Airlines that operated on razor-thin margins, cut-throat pricing and sky-high fixed costs suddenly faced an uncertain future. If not for the government, the sector would have been hit even worse. “The aviation sector was on a steady path before Covid,” says
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