{"id":350502,"date":"2020-05-11T09:39:52","date_gmt":"2020-05-11T04:09:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350502"},"modified":"2020-05-11T10:50:55","modified_gmt":"2020-05-11T05:20:55","slug":"aviation-sector-stares-at-rs-25000-cr-revenue-loss-due-to-lockdown-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-sector-stares-at-rs-25000-cr-revenue-loss-due-to-lockdown-report\/","title":{"rendered":"Aviation sector stares at Rs 25,000 cr revenue loss due to lockdown: Report"},"content":{"rendered":"<p>The extended lockdown to contain the Covid-19 pandemic, which has stalled traffic on the ground as well as in the air, is expected to heap enormous losses on infrastructure industries in both sectors, Crisil has said in a report.<\/p>\n<p>According to the report by Crisil Infrastructure Advisory, the aviation industry will crash-land this fiscal with a revenue loss of Rs 24,000-25,000 crore.<\/p>\n<p>Airlines will be the worst-affected, contributing more than 70% of the losses, or Rs 17,000 crore, followed by airport operators with Rs 5,000-5,500 crore, and airport retailers (including retail, food and beverages and duty-free) with Rs 1,700-1,800 crore, the infra advisory services of global analytics form said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The extended lockdown to contain the Covid-19 pandemic, which has stalled traffic on the ground as well as in the air, is expected to heap enormous losses on infrastructure industries in both sectors, Crisil has said in a report. According to the report by Crisil Infrastructure Advisory, the aviation industry will crash-land this fiscal with a revenue loss of Rs 24,000-25,000 crore. Airlines will be the worst-affected, contributing more than 70% of the losses, or Rs 17,000 crore, followed by airport operators with Rs 5,000-5,500 crore, and airport retailers (including retail, food and beverages and duty-free) with Rs 1,700-1,800 crore, [&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":[135,167,130],"tags":[],"class_list":["post-350502","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350502","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=350502"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350502\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}