{"id":358189,"date":"2020-06-19T11:07:42","date_gmt":"2020-06-19T05:37:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358189"},"modified":"2020-06-19T11:40:07","modified_gmt":"2020-06-19T06:10:07","slug":"aviation-hospitality-sectors-have-a-long-road-ahead-to-recovery-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-hospitality-sectors-have-a-long-road-ahead-to-recovery-icra\/","title":{"rendered":"Aviation, hospitality sectors have a long road ahead to recovery: Icra"},"content":{"rendered":"<p>Mumbai: While India Inc is expected to deliver a weaker performance for June quarter of FY2021 compared with the already bad March quarter, some sectors, like aviation and hospitality are staring at a long timeline for recovery, says ICRA.<\/p>\n<p>The rating agency said although production and consumption of essential goods continued during the Covid-induced lockdown, the impact on production and consumption of discretionary items has been significant, both due to the restrictions in place, as well as the bleak consumer sentiment.<\/p>\n<p>\u201cGiven the layoffs, pay-cuts and general uncertainty regarding job stability, a negative trend is likely to continue over the near term, in absence of any significant demand triggers,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: While India Inc is expected to deliver a weaker performance for June quarter of FY2021 compared with the already bad March quarter, some sectors, like aviation and hospitality are staring at a long timeline for recovery, says ICRA. The rating agency said although production and consumption of essential goods continued during the Covid-induced lockdown, the impact on production and consumption of discretionary items has been significant, both due to the restrictions in place, as well as the bleak consumer sentiment. \u201cGiven the layoffs, pay-cuts and general uncertainty regarding job stability, a negative trend is likely to continue over 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":[192,130,136],"tags":[],"class_list":["post-358189","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\/358189","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=358189"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358189\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}