Covid-19 Impact: Indian aviation may incur ₹25,000-crore losses, says Crisil1 min read . Updated: 07 May 2020, 02:05 PM IST
- The agency expects that these losses will rise if travel restrictions last longer in hubs - Mumbai, Delhi, Chennai and Kolkata
- The road and highway sector will see developers and toll operators incurring revenue losses of ₹3,450-3,700 crore during March-June
MUMBAI: Credit rating agency Crisil has estimated that the Indian aviation sector, including airlines and airports, will witness revenue losses of ₹24,000–25,000 crore, as air travel remains suspended due to the national lockdown.
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