{"id":342035,"date":"2020-03-16T11:58:31","date_gmt":"2020-03-16T06:28:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=342035"},"modified":"2020-03-16T12:35:28","modified_gmt":"2020-03-16T07:05:28","slug":"covid-19-airports-council-seeks-india-to-bail-out-airport-airline-operators","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-airports-council-seeks-india-to-bail-out-airport-airline-operators\/","title":{"rendered":"Covid-19: Airports Council seeks India to bail out airport, airline operators"},"content":{"rendered":"<p>Airports Council International (ACI), which represents 113 airport operators managing 602 airports in 49 countries of the Asia-Pacific and Middle East regions, has reached out to India&#8217;s civil aviation ministry seeking to bail out the players affected by Covid-19 virus outbreak.<\/p>\n<p>The global body took to the notice of the Indian government that Covid-19 outbreak has &#8220;drastically impacted the airport business and is posing a serious threat to the financial sustainability of the airport industry in the most affected countries of the Asia-Pacific Region.&#8221;<\/p>\n<p>ACI, which observed 25-50% falls in passenger traffic volumes in the region, has projected the industry to suffer revenue losses of at least $3 billion during first quarter of the year on a conservative basis. The airports in the Asia-Pacific region had reported a total revenue of $57 billion in the year 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Airports Council International (ACI), which represents 113 airport operators managing 602 airports in 49 countries of the Asia-Pacific and Middle East regions, has reached out to India&#8217;s civil aviation ministry seeking to bail out the players affected by Covid-19 virus outbreak. The global body took to the notice of the Indian government that Covid-19 outbreak has &#8220;drastically impacted the airport business and is posing a serious threat to the financial sustainability of the airport industry in the most affected countries of the Asia-Pacific Region.&#8221; ACI, which observed 25-50% falls in passenger traffic volumes in the region, has projected the industry [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-342035","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=342035"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342035\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=342035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=342035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=342035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}