Indian airlines, airports saw financial losses worth Rs 22,400 cr in FY 2020-21
Indian airlines and airports incurred financial losses worth Rs 22,400 crore in the last financial year amid the coronavirus pandemic, according to official data. Besides, 75 per cent of Airports Authority of India-operated airports are incurring losses. Also, AAI’s revenue came down to Rs 889 crore during April-June this year.
The data was provided by Minister of State for Civil Aviation V K Singh to the Lok Sabha through various written replies on Thursday.
