COVID-19 impact: Local air traffic to plunge 46 per cent in FY 2020-21
NEW DELHI: Suspension of all air services following the outbreak of the Covid-19 pandemic is expected to impact the aviation industry’s growth prospects severely.
According to ratings agency ICRA, FY2021 (2020-21) is expected to witness a 41-46 per cent de-growth in domestic passenger traffic, while international passenger growth for Indian carriers is likely to witness a year-on-year fall of 67-72 per cent.
