Indian aviation sector may incur $3.3-3.6 billion loss in June quarter: CAPA India
New Delhi: Indian aviation sector is projected to incur a staggering USD 3.3-3.6 billion loss in the first quarter of the next financial year if flight services remain grounded till June-end, according to a report.
Aviation consultancy CAPA India on Wednesday also said there is a need for a coordinated national aviation industry response to the current situation.
India has suspended operation of commercial flights till April 15 as part of larger efforts to prevent spreading of coronavirus infections.
