The government told Lok Sabha on Thursday that due to Covid-19 restrictions, airlines and airports in India incurred a loss worth over ₹20,000 crores.
Minister of State of Civil Aviation Gen. (Dr) V.K Singh (retd.) gave this information in response to a question posed by Bharatiya Janata Party (BJP) MP Poonamben Maadam. She sought to know whether the government has assessed the financial condition of the aviation sector.
“The aviation sector in India has been affected due to severe disruption caused by the Covid-19 pandemic. The estimated losses incurred by airlines and airports in India in the financial year 2020-21 is approximately ₹19,564 crore and Rs. 5,116 crores respectively,” Singh said in a written statement.