New Delhi (Sputnik): The Indian aviation sector is going through turbulent times in the wake of the pandemic, which has pushed numerous airlines to the brink of financial collapse. Several airlines have urged the government to provide short-term relief, including help to pay salaries for staff. Stating that measures such as salary cuts and cost-cutting policies were not enough to face the economic headwinds, India’s biggest […]
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New Delhi (Sputnik): The coronavirus pandemic has clipped the wings of major airlines around the globe. The Centre for Asia Pacific Aviation has predicted that most of the airlines are likely to go bankrupt if governments do not take efforts to rescue them. The Centre for Asia Pacific Aviation, a global aviation market intelligence firm, has said that Indian airlines might require nearly $2.5 billion to […]