{"id":356583,"date":"2020-06-10T12:00:13","date_gmt":"2020-06-10T06:30:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356583"},"modified":"2020-06-10T12:17:48","modified_gmt":"2020-06-10T06:47:48","slug":"modi-governments-triad-of-reforms-for-aviation-decoded-what-they-mean-for-airlines-the-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/modi-governments-triad-of-reforms-for-aviation-decoded-what-they-mean-for-airlines-the-sector\/","title":{"rendered":"Modi government\u2019s triad of reforms for aviation decoded \u2013 what they mean for airlines &amp; the sector"},"content":{"rendered":"<p>The triad of reforms announced by the government to lift the domestic aviation sector are good long-term auguries, and will help it get back on its growth trajectory once the Covid-19 pandemic eases. In the decade through fiscal 2019, India was among the fastest-growing aviation markets with a compound annual growth rate of more than 11%. However, fiscal 2020 saw passenger traffic slump under the impact of a weak economy and grounding of Jet Airways, and the pandemic taking hold towards the tail end. <\/p>\n<p>With Covid-19 afflictions darting up since the start of the current fiscal, revenue loss for the aviation industry was expected to be Rs 24,000\u201325,000 crore, assuming a complete shutout of business in the first quarter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The triad of reforms announced by the government to lift the domestic aviation sector are good long-term auguries, and will help it get back on its growth trajectory once the Covid-19 pandemic eases. In the decade through fiscal 2019, India was among the fastest-growing aviation markets with a compound annual growth rate of more than 11%. However, fiscal 2020 saw passenger traffic slump under the impact of a weak economy and grounding of Jet Airways, and the pandemic taking hold towards the tail end. With Covid-19 afflictions darting up since the start of the current fiscal, revenue loss for the [&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":[196,130,138],"tags":[],"class_list":["post-356583","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356583","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=356583"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356583\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}