Airports Authority Revenue Saw 70% Fall Between June Quarters Of 2019-20 And 2021-22
According to Ministry of Civil Aviation, even footfalls across 97 Indian airports between January 2021 and July 2021 saw a decline of 40 per cent. Hit by the Coronavirus pandemic, which led to the closure of airports across the country after March 2020, with flights available only for major cities during the better part of last year, the Airports Authority of India (AAI) reported a significant 70 per cent fall in its revenue from Rs 2,976.17 crore during April-June 2019 to only Rs 889 crore during April-June 2021. According to Ministry of Civil Aviation…
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