Go Air suspends international operations due to Coronavirus pandemic

Low-Cost Carrier Go Air has anunced that it will be suspending all international operations till April 15 in backdrop of coronavirus. anuncement was made by firm on Tuesday.

READ: Most Airlines Could Go Bankrupt By End Of May, Says CAPA Amid Coronavirus Outbreak

Aviation industry in turbulent times

In a statement, airline said, "We're temporarily suspending all our international operations, starting March 17 - April 15. GoAir has also initiated a short term and temporary rotational leave without pay program that will t only help company counter short term reduction in capacity but will also ensure that a cross-section of our employees stay away from workplace to ensure business continuity."

aviation industry is entering troubled times since governments across world have banned individuals from certain countries that have been heavily affected by virus. 

READ: COVID-19 Outbreak: Indian Airlines Fear Bankruptcy

Global aviation consultancy firm CAPA on March 16 stated that if coronavirus infections continue n by end of May 2020, most airlines in world will be bankrupt. global consultancy firm added that a coordinated government and industry action was needed to avoid catastrophe. A statement release read "Cash reserves are running down quickly as fleets are grounded and what flights re are operate much less than half full. Forward bookings are far outweighed by cancellations and each time re is a new government recommendation it is to discour flying. Demand is drying up in ways that are completely unprecedented. rmality is t yet on horizon.”

READ: American Airlines To Cut 75% Of International Flights Amid Coronavirus Outbreak

Air France-KLM Group has decided to cut down its capacity by 70-90% due to a sharp decline in traffic and sales. " Air France-KLM Group is obliged to gradually reduce its flight activity very significantly over next few days, with number of available seat kilometres (ASK) potentially decreasing between -70% and -90%,” said company in a statement.

READ: Air France-KLM Group To Cut Capacity By 70-90% Amid Coronavirus Crisis