CARE Ratings said on Tuesday that the corona virus epidemic may have reduced passenger traffic by up to 30%. During the current financial year, compared to an earlier estimate of 20 to 25 percent.
Air travel will be expensive
Along with this, the rating agency has also predicted that air travel will be expensive due to social distance norms. All domestic and international commercial passenger flights have suspended in the country.
The ratings agency said, “Care Ratings had earlier projected a 20-25 per cent reduction in air passenger numbers during FY 2020-21, but the increase in cases. Its rapid proliferation and new areas turned into Corona hotspots. Due to this, it seems that the end of the epidemic is uncertain. here is no indication of its diagnosis. ‘
Lockdown is the only way to prevent corona
Care ratings stated that, even the vaccine has not yet been made. So lockdown is the only way to prevent its spread. The rating agency further said, “Therefore, we are revising our earlier estimates and the air passenger traffic is expected to decline by 30 per cent in FY 2020-21.”
Air service will stopped only after Corona
The central government has made it clear that the airline will not allowed to resume before the corona. Hardeep Singh Puri said in the matter on Monday that the ban on domestic and international airlines would be lifted only. When the government comes to the belief that the corona has been controlled. There is no threat to the Indian.