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Air India

- The Indian aviation industry experienced significant growth over the past decade but was hit hard by the COVID-19 pandemic in 2020-2021, with airlines losing an estimated $2 billion. - Factors such as rising fuel costs, high operating expenses, and overcapacity led to financial losses for many airlines. - However, the industry is recovering thanks to rising domestic travel demand and government assistance programs. Major players are consolidating operations and becoming more efficient to boost profitability.

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Zekria Noori Afghan
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30 views23 pages

Air India

- The Indian aviation industry experienced significant growth over the past decade but was hit hard by the COVID-19 pandemic in 2020-2021, with airlines losing an estimated $2 billion. - Factors such as rising fuel costs, high operating expenses, and overcapacity led to financial losses for many airlines. - However, the industry is recovering thanks to rising domestic travel demand and government assistance programs. Major players are consolidating operations and becoming more efficient to boost profitability.

Uploaded by

Zekria Noori Afghan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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