<\/p>\n<\/p>\n
Resurgence of Covid infections along with re-imposition of partial travel restrictions in some major states has triggered a clamour among a section of airlines for reduction of flight capacity.<\/p>\n
Accordingly, industry insiders contend that rising cases have severely impacted demand leading to cancellations. Notably, the Centre till now has allowed airlines to deploy 80 per cent capacity.<\/p>\n
The domestic sector was reopened on May 25, 2020 with a limited capacity of only 33 per cent.<\/p>\n
Since then the operational capacity has only been increased in-consonance with rising passenger traffic. <\/p>\n
“Covid cases have risen dramatically and loads have crashed drastically, thereby, leading to cancellations. Demand has been badly hit in multiple states especially Maharashtra,” a senior executive with a leading private airline told IANS.<\/p>\n
“As more and more states impose Covid based entry restrictions, the situation will only worsen. It’s time that capacity is reduced. It’s impossible to fly at 80 per cent right now.”<\/p>\n
According to a Mumbai based industry insider: “All airlines are bleeding heavily and sustaining at these levels is not viable. Many airlines are mulling pay cuts.”<\/p>\n
“Centre might have to intervene again to impose calibrated capacity deployment to save the industry.”<\/p>\n
In the past week from March 29 to April 4, a Crisil note cited that daily cases shot-up from 68,000 to over 1 lakh – a whopping 52 per cent increase.<\/p>\n
Besides, cases continue to be concentrated in Maharashtra, which accounted for 55 per cent of the new cases in March 29 to April 4 week.<\/p>\n
Consequently, the rising cases, re-imposition of travel restrictions is expected to have a major negative impact on the industry.<\/p>\n
In addition, industry insiders said that issue will be raised to the Ministry of Civil Aviation by the concerned airlines.<\/p>\n","protected":false},"excerpt":{"rendered":"
Covid spikes: Airlines opt for reduce capacity<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[667],"tags":[],"class_list":["post-234260","post","type-post","status-publish","format-standard","category-business"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/234260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=234260"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/234260\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=234260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=234260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=234260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}