25 March 2020
The shutdown of aviation until at least 15-Apr means that 1QFY2021 is looking increasingly like a washout
The extension of the domestic lockdown until at least 15-Apr-2020 is the right decision by the Government of India. However, it has ensured that aviation will be seriously impacted by COVID-19. The April-June quarter, traditionally one of the stronger quarters of the year for Indian airlines, is increasingly looking like it will be a washout.