The Economic Times of India
The Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.The losses are primarily attributed to pressure on ticket prices as airlines aim to maintain healthy passenger load factors (PLF) despite high aviation turbine fuel (ATF) prices…
Read More
Aviation industry may face losses in FY25: ICRA
The Indian aviation industry is expected to report a net loss of Rs 2,000-3,000 crore in both FY25 and FY26, according to a report by ICRA. This comes after the sector posted a net profit of approximately Rs 1,600 crore in FY24.The losses are primarily attributed to pressure on ticket prices as airlines aim to