The estimated losses incurred by airlines and airports in India in the financial year 2020-21 due to severe disruptions caused by the COVID-19 pandemic is approximately INR 19,564 crore and INR 5,116 crore, respectively. Despite a revival in domestic traffic in recent months, Indian airlines are expected to incur losses worth 3.6-4 billion dollars. Excluding any adjustments in this financial year (FY 2022), aviation consultancy for CAPA India said in a recent report. To know more, contact Nixtour and also check out budget flight tickets.