Sunday, April 05, 2020

Coronavirus risks over 2 lakh private jobs at airports; private airport body seeks intervention

 The COVID-19 unleashed headwinds which have deeply impacted the airline and hospitality sector, now pose a major risk to the job security of over 2,00,000 workforce employed with the country's private airport operators. Accordingly, the Association of Private Airport Operators (APAO) has urged the Centre to come out with an economic relief package not only to stop downsizing but also to maintain the key infrastructure assets that the sector maintains.
 At present, approximately 2,40,000 people employed on airport sites, including airport operators' employees jobs are at stake. The downsizing impact will be felt across the country as New Delhi, Mumbai, Bangalore and Hyderabad are some of the major airports which are handled by private entities.
 Currently, no foreign or domestic passenger flight operations are allowed till the deadline of April 14. Only cargo operations are taking place there by hitting the bottom lines of these companies. Not only is the income low but these entities are also in stress for paying up a huge chunk of the revenue to the government under the various management deals of respective airports.
 05/04/20 IANS/Business Insider
To Read the News in full at Source, Click the Headline


Post a Comment