Aviation sector’s expectation of govt bailout unrealisticLogYcode
However, the aviation advisory sets out several ways in which the government may support business, such as offering a moratorium on airport and road costs, interest and principal fees, and tax liabilities.
In its third update on COVID-19 & Indian Aviation Industry Situation, CAPA says it is likely to take up to 12 months from the time the restrictions placed as a result of coronavirus are removed for Indian airlines to return to a 650 aircraft pre-Covid operating fleet. His projections suggest that within the next six-to-12 months the airlines will have an additional 200-250 excess aircraft in their fleets.
src : thehindubusinessline.com