Domestic airports might incur losses worth Rs 5,400 this fiscal: ICRA

Rating agency ICRA in a note said that the domestic airport sector is expected to incur a net loss of Rs 5,400 crore, and cash loss of Rs 3,500 crore in FY21, impacted by a 66% year-on-year slip in passenger traffic amid COVID-19 induced travel restrictions. It also said the domestic passenger traffic may drop by 61% in 2020-21.