Airports ground handling industry seeks stimulus to reduce Covid-19 impact

Struggling in the face of the coronavirus outbreak, the domestic ground handling industry has sought stimulus package, including moratorium on interest on borrowings, waivers on certain fixed costs and deferment of statutory taxes, among others.

The Rs 4,000-4,500 crore ground handling industry, which heavily depends on the airlines operations, has lost as much as 90 per cent of the business amid suspension of all commercial air passenger services due to the lockdown to tackle the coronavirus pandemic.

However, cargo and special flights have been kept away from the lockdown.