Economics · Indian Aviation Sector
Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Global pandemics are not the exclusive reason for persistent structural losses in the aviation industry. Reason (R): A large combination of technical disruptions, maintenance issues, and fuel price volatility routinely result in the cancellation of flights and financial losses. In the light of the above statements, choose the most appropriate answer from the options given below:
- 1(A) is incorrect but (R) is correct
- 2(A) is correct but (R) is incorrect
- 3Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)
- 4Both (A) and (R) are correct and (R) is the correct explanation of (A)✓
Correct answer
Both (A) and (R) are correct and (R) is the correct explanation of (A)
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