APAO seeks government support for airport sector
The Association of private airport operators (APAO) has requested the government to help the airport sector, as the second wave of COVID infections has brought down passenger traffic to 25% and further ruined chances of any rebound in revenues.
“As the cash flow situation is precarious, airports have been requesting the government amidst an extremely challenging environment to provide some relief measures to the airport operators which will directly alleviate the financial burden for airports. Relief measures are required not only to ensure sustaining operations at airports but also needed to save jobs and allow economic recovery of the airport sector,” APAO said in a statement today. APAO further explained that the first wave of the pandemic had already wiped out traffic in FY 21 denting the financials of the airports,
