Aviation sector in a huge mess, early recovery unlikely

NEW DELHI: From 3 lakh passengers a day in mid-February, the average number of daily flyers has now fallen below 50,000, highlighting the extent of damage caused by second Covid-19 wave on the country’s aviation sector. According to data from the Airports Authority of India and ICRA Research, the average daily number of departing passengers in March 2021 stood at 2.49 lakh and declined by 28% month-on-month in April 2021 to 1.79 lakh. There was a further dip of 56% from May 1 to May 16, compared to the average of April 2021. For the week ended May 23, the average number of daily flyers stood at just 49,000.

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