Wednesday, September 16, 2020

Revenues of Indian airlines fell by 85.7% in April-June period due to COVID-19, says Aviation Minister Puri

The revenue of Indian airlines fell by 85.7 per cent to Rs 3,651 crore during the first quarter of 2020-21 in comparison to the corresponding period a year ago due to COVID19, said Civil Aviation Minister Hardeep Singh Puri on Wednesday.
Moreover, employee count at the Indian carriers went down from 74,887 on March 31 to 69,589 on July 31, a decrease of 7.07 per cent, Puri stated in a written reply to a question in Rajya Sabha.
"The revenue of airport operators has reduced from Rs 5,745 crore during April-June 2019 to Rs 894 crore during April-June 2020," he said.
The minister said the employee count at airports has reduced from 67,760 on March 31 to 64,514 on July 31.
Scheduled domestic flight services were suspended in India from March 25 to May 24 due to the coronavirus-triggered lockdown. They were resumed from May 25 but in a curtailed manner.
The employee count at ground handling agencies fell by 22.44 per cent to 29,254 in AprilJuly period, Puri said.
16/09/20 PTI/Business Insider
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