Civil aviation revenues down 85%, 18,000 jobs lost
4 years, 3 months ago

Civil aviation revenues down 85%, 18,000 jobs lost

Deccan Chronicle  

Chennai: Revenues in the civil aviation sector have dropped by 85 per cent since the coronavirus lockdown. As per the data from the Ministry of Civil Aviation, domestic traffic fell close to 80 per cent from 5.85 crore during March-July 2019 to 1.20 crore in March-July 2020. International traffic too reduced 87 per cent from 93.45 lakh to 11.55 lakh during the same period. The aggregate revenue of Indian carriers came down by 85 per cent from Rs 25,517 crore in June quarter of last year to Rs 3,651 crore during April-June 2020. Aggregate revenues of airport operators too shrunk from Rs 5,745 crore during June quarter of 2019 to Rs 894 crore, a drop of 84 per cent. Reduced revenues saw more than 18,000 employees losing jobs across airlines, airports, ground handling agencies and cargo operators.

Civil Aviation Crore Cent June Quarter Jobs Lost  2020  aviation  18000  crore  jobs  lost  cent  traffic  domestic  rs  revenues  civil  quarter  85  airports

History of this topic

This Airline Reduced It's Staff By Nearly 2,000 In FY24; Check The Details Here
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Deccan Chronicle  

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1 year, 3 months ago

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News 18  

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2 years, 8 months ago

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News 18  

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3 years, 3 months ago

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The Hindu  

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3 years, 4 months ago

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The Hindu  

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3 years, 7 months ago

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Deccan Chronicle  

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Deccan Chronicle  

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4 years, 3 months ago

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Deccan Chronicle  

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4 years, 3 months ago

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News 18  

Air India has incurred a net loss of about Rs 2,570 crore in the first quarter of 2020-21 as compared to a net loss of Rs 785 crore sustained in the corresponding period a year ago, Civil Aviation Minister Hardeep Singh Puri said on Thursday. "The net loss in quarter 1 of FY20-21 is about Rs 2,570 crore as compared …

Revenues of Indian airlines fell by over 85% in April-June period: Hardeep Singh Puri
4 years, 3 months ago

Revenues of Indian airlines fell by over 85% in April-June period: Hardeep Singh Puri

India Today  

The revenue of Indian airlines fell by over 85 per cent to Rs 3,651 crore during the first quarter of FY21 due to the severe disruption caused by the Covid-19 pandemic. Civil Aviation Minister Hardeep Singh Puri on Wednesday stated in a written reply in Rajya Sabha that Indian airlines suffered a 85.7 per cent revenue loss in comparison to …

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4 years, 4 months ago

Air Passenger Traffic in India Plunged by 82.3 Percent in July Despite Marginal Recovery: DGCA

News 18  

India's domestic air passenger traffic remained deep in the red during July as it plunged by more than 82 per cent to 21.07 lakh on a year-on-year basis, as per official data. According to the Directorate General of Civil Aviation, passengers ferried by domestic airlines during July stood at 21.07 lakh from 1.19 crore for the corresponding period of the …

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