Aviation

Indian aviation industry will recover faster due to size of the market, says Airbus India president

The civil aviation sector, one of the worst-affected industries, is gradually limping back to normalcy after the Centre allowed domestic flights to resume, industry experts said. Domestic flight operations resumed starting May 25, after having remained suspended for around two months in light of the coronavirus pandemic.

Speaking during the webinar ‘COVID- 19 Impact and Opportunities’ for the civil aviation sector, organised by ASSOCHAM, Sanjay Kumar, Chief Strategy and Revenue Officer, Indigo, said that although the coronavirus pandemic had a huge impact on the industry, certain segments will help it recover faster.

“I believe there is a silver lining in the cargo segment which is just a percentage lower than what it was in the pre-COVID times. The revenue from cargo has not been much affected despite the lockdown. Domestic travel is allowed on a 60 percent capacity,” he said.

The situation at present is not the same as it was in the initial days of the COVID-19 lockdown, he said.

Facebook Comments

Source
Forbes
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close