Corona Virus has created a havoc. All sections of the society are equally affected. You are passenger on a flight from Italy to Mumbai. Write a narrative describing your experience.
Answers
For India’s coronavirus-wrecked aviation sector, the bad times are likely to continue long after the ongoing 21-day national lockdown.
The sector watchdog, directorate general of civil aviation, on March 27, banned all domestic passenger flights in the country till April 14, when the lockdown ends. International operations, too, have come to a standstill due to flying bans imposed by many countries. For an already ailing sector, the pandemic has been a body blow.
While most Indian airlines are taking domestic bookings for April 15, India’s ministry of civil aviation has not confirmed if operations will resume from that date.
The curbs and the uncertainty have paralysed the sector and are bound to cause unprecedented turmoil.
“The April-June period, traditionally one of the stronger quarters for Indian airlines, is increasingly looking like it will be a washout. This will have implications for July-September (usually the weakest quarter) and for the rest of financial year 2021,” said Sydney-based aviation think tank Centre for Asia Pacific Aviation (CAPA), in a report published in last week of March.
India’s two listed carriers, IndiGo and SpiceJet, could report combined losses of up to $1.5 billion across January-March and April-June quarters, CAPA estimated. “IndiGo’s hitherto enviable cash reserves may almost be wiped out,” it said.
The aviation industry could bear losses of up to $3.6 billion in the April-September period, CAPA said based on the assumption that domestic and international operations will remain grounded till June 30.
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