I. Introduction The Aviation sector has faced an unprecedented crisis situation due to the havoc wrecked by the COVID-19. In 2020, ICAO estimated an “overall reduction of 2,699 million passengers and approx. USD 371 billion loss of gross passenger operating revenues” in comparison to the level of global scheduled passenger load in 2019 . Various contributing factors such as imposition of strict quarantine measures, nation-wide lockdown, air travel restrictions, drastic decrease in corporate travel due to increased reliance towards various online tools for conducting conferences and meetings by the corporates globally, and lack of consumer confidence towards air travel due to increased risk of contracting the virus infection at the airports, have dented the airline revenues . The
The Indian Competition Authority finds no proof of a cartel to fix ticket prices among five airline companies (Jet Airways / Indigo / Spice Jet / Go Air / Air India)
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