Aviation sector

However, ratings agency Crisil said that these net losses will be 35-40 per cent below the ones reported for fiscal 2021 mark at Rs 9,500- Rs 10,000 crore. A study of the top three airlines, which account for 78 per cent of total passenger traffic, revealed that a resurgence of Covid-19 infections across the country is expected to stall the recovery seen over the past six months.