40-60% drop in air passenger traffic likely in FY21 amid Covid-19 crisis

Private Indian airports are staring at a steep 40-60 per cent fall in passenger volume this financial year due to the Covid-19 crisis.
 

Such a disruption will take the clock back by many years — in terms of passengers handled — for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
 

Private joint venture airports (seven of them), including Mumbai, Delhi, Bengaluru, and Hyderabad accounted for over 54 per cent of the 349 million passengers in CY19. “Overall traffic is expected to decline by 50-60 per cent, but the impact will vary