Prolonged suspension of international flights impacting airlines' financial health: Vistara
The Hindu
In October, domestic air traffic rose 70% year-on-year to 89.85 lakh passengers, as per the latest DGCA data.
As the pandemic clouds slowly clear, Vistara on Sunday said a prolonged suspension of scheduled to and from India is impacting the financial health of most airlines and also cautioned that it might be too early to conclude that the country's aviation sector is out of the woods.
The full-service carrier, which started flying to eight international destinations during the pandemic, has embraced a "nimble" approach amid the dynamic and unpredictable situation in the wake of the coronavirus pandemic as some countries are now witnessing rising infections.
Vistara CEO-designate Vinod Kannan said most predictions about recovery of the aviation industry have been proven wrong in these times of great unpredictability, and it might be too early to say that the Indian aviation industry is completely out of the woods.
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