Is Covid-19 Decaying the Financial Health of the Aviation Industry in India

Abstract

Forecasting of financial distress helps not only the companies but also their stakeholders, employees, creditors, stock market agents, etc. As COVID-19 has made a humungous impact on the Aviation industry of the country already we have witnessed a decline in the industry but since the country got hit by the co vid-19 the effect got even worse. This has not only caused loss of economy but also has made it very tough for people to earn their livelihood as they have lost their jobs. Economy of the country has been greatly impacted as the Airline industry is the one of the major sources of revenue. This research paper aims to analyze the current and the future situation of the aviation industry with reference to COVID-19