Covid second wave: Airlines seek financial assistance from govt
AVIATION & AIRPORTS

Covid second wave: Airlines seek financial assistance from govt

Airline companies in India have asked the Ministry of Civil Aviation (MoCA) to reduce the capacity allowed from 80% of pre-Covid to 60% and have also sought financial assistance as the second wave of Covid infections have hit the aviation industry hard.

A government official told a prominent media source that such a financial bailout packet for the aviation industry was highly unlikely.

The government had allowed Indian airlines to operate up to 80% of the pre-Covid capacity and was mulling further, increasing it with the number of passengers reaching close to 80% of pre-Covid in February.

While other airliners seek financial assistance from the government, IndiGo Airlines has not requested any such assistance.

Although airlines were headed back to pre-Covid levels until recently, with the second wave, things have gone back to square one, and the total domestic passenger count declined to as low as 201,000 on Monday, which is a decline of 35,000 passengers in a day. The airline sector had reached the levels of ferrying over 300,000 passengers in a day.

As cases have started to increase again, various states and union territories, including Delhi, Maharashtra, Uttarakhand, Jammu & Kashmir, Ladakh, Odisha, Gujarat and Rajasthan, have mandated Covid-negative tests for passengers. States like Assam, Bihar and Punjab are conducting random checks on arriving passengers. Some states have also announced night curfew and weekend lockdowns, leading to passengers cancelling their trips.

According to the media, airlines are reporting a 20-50% decline in flight bookings and air travel amid a sharp spike in Covid-19 cases.

The second wave of the infection has come at a time when domestic airlines had started to see a surge in demand after the slump following the outbreak of the pandemic last year.

Image Source


Also read: Covid impact: Kolkata airport’s expansion project halted

Airline companies in India have asked the Ministry of Civil Aviation (MoCA) to reduce the capacity allowed from 80% of pre-Covid to 60% and have also sought financial assistance as the second wave of Covid infections have hit the aviation industry hard. A government official told a prominent media source that such a financial bailout packet for the aviation industry was highly unlikely. The government had allowed Indian airlines to operate up to 80% of the pre-Covid capacity and was mulling further, increasing it with the number of passengers reaching close to 80% of pre-Covid in February. While other airliners seek financial assistance from the government, IndiGo Airlines has not requested any such assistance. Although airlines were headed back to pre-Covid levels until recently, with the second wave, things have gone back to square one, and the total domestic passenger count declined to as low as 201,000 on Monday, which is a decline of 35,000 passengers in a day. The airline sector had reached the levels of ferrying over 300,000 passengers in a day. As cases have started to increase again, various states and union territories, including Delhi, Maharashtra, Uttarakhand, Jammu & Kashmir, Ladakh, Odisha, Gujarat and Rajasthan, have mandated Covid-negative tests for passengers. States like Assam, Bihar and Punjab are conducting random checks on arriving passengers. Some states have also announced night curfew and weekend lockdowns, leading to passengers cancelling their trips. According to the media, airlines are reporting a 20-50% decline in flight bookings and air travel amid a sharp spike in Covid-19 cases. The second wave of the infection has come at a time when domestic airlines had started to see a surge in demand after the slump following the outbreak of the pandemic last year. Image Source Also read: Covid impact: Kolkata airport’s expansion project halted

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement