The Covid-19 crisis has challenged the very survival of the aviation industry globally during the past one year. International Civil Aviation Organization (ICAO) estimates a loss of $370 billion gross passenger operating revenue for the year gone by. As per IATA (International Air Transport Association), a decline of about 60 per cent in world total passengers during 2020 has been observed and the airline industry alone is expected to have lost $118.5 billion.
Surprisingly, no airline in India was grounded and all have shown resilience and survival instinct so far.
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