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Due to the decline in passenger traffic in FY 2021, the industry is expected to report revenue degrowth of 44 percent during FY2021. Industry-level debt is expected to be Rs 465 billion.

Indian aviation industry will require Rs 350 billion over FY 2021-23: ICRA

17 May 2020 9:14 AM GMT

May 17, 2020: The credit rating agency ICRA in its latest analysis noted that the domestic aviation industry of India will require additional funding...

IATA is estimating that 68.5 million passengers will be lost, 2.2 million people will lose their jobs, $12.7 billion shrinkage in GDP and $8.8 billion revenue loss for the country%u2019s airline industry.

India is yet to take any decisive or effective action to help airline industry: IATA

4 April 2020 4:47 AM GMT

April 4, 2020: The International Air Transport Association (IATA), while its request to Asia-Pacific states to take urgent action to provide financial...

Revenue passenger kilometers (RPKs) of airlines in Asia Pacific would alone decline 37 percent and stand to lose $88 billion compared to 2019.

Airlines need $200 billion in liquidity support simply to survive: IATA

25 March 2020 5:19 AM GMT

March 25, 2020: The International Air Transport Association (IATA) now estimates that passenger revenues of global air transport industry could...

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 8:41 AM GMT

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

IATA estimated the potential impact on passenger revenues based on two possible scenarios: Limited Spread, Extensive Spread

Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion

5 March 2020 11:19 AM GMT

March 5, 2020: The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19)...

The bulk of which would be borne by carriers registered in China, with $12.8 billion loss in the China domestic market alone.

Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020

22 Feb 2020 7:39 AM GMT

February 22, 2020: The International Air Transport Association (IATA) released its initial assessment of the impact of the Novel Coronavirus 2019...