CAPA India report says India could still have 250-300 aircraft surplus by March 2021

India’s airlines could still have 250-300 surplus aircraft by March 2021, and could therefore be headed for an unprecedented consolidated loss of USD 4-4.5 billion in FY2021. Approximately 400-450 aircraft were grounded by end of Q2 2020. This figure is expected to improve slightly with 250-300 aircraft being grounded by end of Q4.

error: Content is protected !!