INDIAN AIRLINE INDUSTRY ON THE ROAD TO RECOVERY
SP's Airbuz|February - March 2021
Around two months after the imposition of total lockdown for three weeks commencing March 23, 2020, domestic flights albeit with much reduced frequency, were permitted to operate
B.K. Pandey

ONE OF THE SEGMENTS of the national economy that has suffered most from a debilitating impact of the COVID-19 Pandemic in the year 2020, has been the Indian civil aviation industry. This indeed was somewhat tragic as India has been among the fastest growing civil aviation markets in the world. The adverse effect on the financial position of companies in the civil aviation sector on account of the COVID-19 Pandemic, was further aggravated by the fact that this devastating phenomenon came close on the heels of the global economic slowdown.

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