Indian aviation set to grow by 10% by FY2026, but financial losses...

Dununu.com Dununu

Sponsored

Indian aviation set to grow by 10% by FY2026, but financial losses likely to persist: ICRA report

RSS Feed Business

Posted

47

India's aviation sector anticipates continued growth in FY2026, with domestic air passenger traffic projected to rise by 7–10%, reaching 175-181 million. Despite this surge and a 16.8% recovery above pre-pandemic levels, the industry is expected to face net losses of Rs 20,000–30,000 crore due to high operating costs, including aviation fuel prices and lease obligations.

Read Full Article

Please log in to like, share and comment!

Shubman's first pep talk as Test captain fired up Team India – WATCH

Shubman Gill captained India in the first Test against England at Headingley, urging his team to...

By 0 1

Iran's Supreme era coming to end? Ayatollah Ali Khamenei names successors; son's name missing

Facing an uncertain future amid escalating tensions, Iran's Supreme Leader Ayatollah Ali Khamenei...

By 0 9

Reducing acute dependence, countering China’s near monopoly: India readies Rs 5,000 crore scheme for rare earth minerals

India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000...

By 0 8

Nepal-France hold fifth bilateral consultation meeting in Kathmandu

KATHMANDU: The fifth meeting of the Nepal-France Bilateral Consultation Mechanism (BCM) was held...

By 0 13

How Trump's visa crackdown is pushing 16 US colleges toward financial collapse

By 0 13