The New Indian Express Chennai|July 09, 2020
PROSPECTS IN INDIA VERY BLEAK
India’s aviation prospects, like the rest of the world, also look bleak at the movement
Experts say that no direct relief from the government has already sent domestic airlines on survival mode and a delayed recovery can lead to the bankruptcy of two-three carriers.
Air Asia has a market share of 6-7 per cent in the domestic market.
Following the observations attached along with the airline’s financial results, shares of the company crashed and trading in them on the Bura Malaysia stock exchange was temporarily halted.
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July 09, 2020