Last updated on 12 August 2020
Country Budget carrier Airlines company Indigo which has almost 50% domestic market share and in Books this Airlines company have very goo cash reverse.
In this pandemic situation where every Airline company can be bankrupt by end of Dec-2020 if the flights will be started by end of this year. If we talk about Indian Airlines then Indigo is in good condition compare the other airlines company. Other Airlines companies like Vistara, Spice Jet and GoAir are started to deduct the salary of their of there employees but only is the single Indian carrier which has not yet started to deduct the salary of their passenger.
This is very crucial time for every Airlines company and this only good manageable company which are very good in his financial statement can only be survive. Already many European Airlines companies is starting to collapse.
If the situation will continue then India Airlines company will also have same condition like other European Airlines companies and they will starting to collape.
If we talk about when this pandemic situation will end then there is no any clear answer till now. Some expert are expecting that this this Corona situation can exist till Mid of 2021. This all depend upon the vaccine by when this will come.
There is chances that only few Airlines companies will exist in near future, only the best Airlines will survive rest all be collapse.
If you want to know more about this you can watch this video & you can also survive this Youtube channel