IN THE BEGINNING OF THIS YEAR, THE OUTBREAK IN INDIA AS
also across the globe, Coronavirus or COVID-19 Pandemic has had a devastating impact on the Indian economy. On account of the nonavailability of preventive and curative medicines for this disease as it was a virus new to the world, the spread of the epidemic throughout India and across the world, has been uncontrolled and rapid. This left no option for the Indian Government other than to impose a total lockdown that was implemented with effect from March 23, 2020, bringing economic activity to a grinding halt. One of the segments of the Indian industry that contributes significantly to the national economy is the Indian civil aviation industry in which the Indian airline industry has a major role to play. Unfortunately, this segment of the industry has been so badly affected by the lockdown that the sustainability and in fact the very survival of Indian carriers has been severely jeopardized.
This story is from the October 2020 edition of SP’s Aviation.
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This story is from the October 2020 edition of SP’s Aviation.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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