SINGAPORE : International airlines’ grouping IATA on Thursday said Air India’s disinvestment process might be “quite difficult at this moment” amid the coronavirus outbreak, which will hit the global market for Indian carriers as well as inbound tourist traffic into the country.
The outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline industry, especially due to travel restrictions.
Against this backdrop, IATA Chief Economist Brian Pearce said, “I think it is going to be very difficult times for the (Indian) airlines”.
