Tuesday, October 20, 2020

Aviation Industry Flies Past Covid Turbulence, But Airlines Continue To Collapse

As the current government is encouraging the citizens for air travel, several schemes were also introduced to ease the deal. From the construction of airports to increase regional connectivity to subsidising the fare and fuel, the government is doing it all to boost the industry. Centre has even introduced the “UDAAN” scheme with an aim to increase regional connectivity. The scheme came with a slogan “Ude Desh Ka Aam Nagrik” ( The common man of the country should fly) in which the government subsidised around 1 crore seats, making air travel more affordable for the passengers. While the industry is witnessing the passenger surge, it also saw collapse of some big carriers in the past one decade.

 From scheduled to regional, around 7 airlines got defunct and several are on the verge of closure.

See which are they >>

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