With India’s aviation industry flying through troubled skies, sectors that are dependent on airlines have now started to feel the heat.
The Indian aviation industry is in the midst of a major slump due to the Covid-19 pandemic. The country’s largest airline, Indigo, has laid off 10% of its employees, while state-owned Air India is reportedly considering sending some of its staff on leave without pay for up to five-year.
With little hope of revival any time soon, companies that provide cargo-handling services to airlines and portals that sell air tickets are struggling to pay employee salaries and manage overheads.
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