ranjan

The Aviation sector contributes significantly to the Indian economy. It provides the only worldwide rapid transportation network, which makes it essential for global business. It generates economic growth, crates jobs and facilitates international trade and tourism.     This industry including Airline and its supply chain, is estimated to contribute directly or indirectly of 72 Billion Dollars of GDP to India.  Aviation is among the worst effected sectors amidst the COVID 19 crisis that has taken the scale of a pandemic. In India, 29.32 lacs jobs in the Aviation sector are at risk. Airlines in the Asia-Pacific region may see the largest revenue drop and Indian aviation sector, among the Asia -Pacific countries will be worst hit by COVID 19 crisis.  Further, the periodic shutdown has eroded the capital of most airlines. The cost of maintaining aircraft on ground is extremely high, and with nil revenues, this is a sure-shot recipe of disaster. Airlines in India are vulnerable to high ope