Monday, January 04, 2021

Top risks for India’s airlines in 2021

To say that airlines in 2020 witnessed turmoil would be an understatement. In what is aviation’s most turbulent year, airlines have collectively lost $120 billion and counting. The losses are expected to worsen. From the beginning of the year till date, around fifty airlines have shut shop. Many others have continued only by virtue of being propped up by government bailouts which aggregate to $173 billion. And with the continuing coronavirus pandemic, the industry continues to fly in the eye of a storm. Even with the vaccine on the horizon, risks abound. Precautions must be ttaken. 

Read why the flight ahead is going to be extremely turbulent >>

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