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The sharp reductions in passenger services have also drastically reduced available air cargo capacity affecting critical supply chains, including getting food and medical supplies to affected communities worldwide.

Coronavirus: AAPA calls govts to provide financial support to crisis-hit Asian aviation industry

19 March 2020 12:46 PM IST

March 19, 2020: Association of Asia Pacific Airlines (AAPA) asked governments in the region to take immediate and concrete actions including direct...

Air cargo is also instrumental in transporting food and other products purchased online in support of quarantine and social distancing policies implemented by states.

Coronavirus: IATA urges govts to ensure air cargo capacity to fight outbreak

18 March 2020 11:45 AM IST

March 18, 2020: International Air Transport Association (IATA) urged governments to take urgent measures to ensure that air cargo will be available to...

Meanwhile, IATA asked private airports to have a reality check on their suggestion to impose a new levy at a time when passenger demand is plummeting on account of the COVID19 outbreak.

Coronavirus: Private airports want to levy extra charge with airline fares

13 March 2020 6:24 PM IST

March 13, 2020: Association of Private Airport Operators (APAO) urged government to allow levy a passenger facilitation charge as part of airline...

Execution period of the policy shall be from January 23, 2020 to June 30, 2020.

Coronavirus: China will pay airlines as per seat km to bring passenger flights back

9 March 2020 2:11 PM IST

March 9, 2020: Civil Aviation Administration of China (CAAC) on Friday, March 6 produced a notification that it will provide financial support for...

The brief named %u2018The Economic Impact of the COVID-19 Outbreak on Developing Asia%u2019 also reported that transport services in the country will lose up to Rs 14.28 thousand crore in the same scenario.

India’s GDP may shrink by Rs 2 lakh crore in case of major coronavirus outbreak, says ADB

7 March 2020 12:10 PM IST

March 7, 2020: In a brief on the impact of novel coronavirus on Asian economies released by Asian Development Bank (ADB) on Friday had estimated that...

The domestic cotton spinning industry is highly dependent on exports, particularly to China.

Coronavirus: Cotton industry suffers as China accounted for one-third of exports

6 March 2020 3:21 PM IST

March 6, 2020: The coronavirus outbreak in China has not spared India’s cotton yarn exports either and has started exerting pressure on yarn...