id author title date pages extension mime words sentences flesch summary cache txt cord-031702-jik4116j Agrawal, Anshu Sustainability of airlines in India with Covid-19: Challenges ahead and possible way-outs 2020-09-10 .txt text/plain 5724 338 52 Fragile to withstand the cyclic momentary shocks of oil price fluctuation, demand flux, declining currency, airlines in India warrants for robust structural changes in their operating strategies, business model, revenue and pricing strategies to survive the long-lasting consequences of Covid-19. According to ICAO united Aviation study, depending upon the duration and intensity of outbreak, control measures and economic and psychological impact, the global Pink cells portray risky zone and green cells represent safe zone as per Altman Z-score airlines industry may witness decline of 33 to 60% seats offered, reduced passenger traffic from 1878 to 3227 million and gross operating revenue loss of approximately USD 244 to 420 million for the year 2020. Table 5 exhibits the degree of operating leverage of four airlines in India and the consequences on the EBITDA of the airlines, with the different expectations of possible decline in sales amid covid impact. ./cache/cord-031702-jik4116j.txt ./txt/cord-031702-jik4116j.txt