Also read Airlines face ‘mission of century’ shipping coronavirus vaccinesThe Directorate General of Civil Aviation (DGCA) had on Thursday evening issued a circular to increase the cap on domestic flight capacity from 70% to 80% of pre-covid levels.
A copy of the DGCA circular has been reviewed by Mint.Meanwhile, credit rating agency Icra Ltd said in a report on Thursday that Indian airlines will post net losses of about ₹21,000 crore in FY21 following a raft of travel restrictions and amid diminishing travel appetite due to rising covid cases.