Search For "aviation industry"
Indian aviation industry to report net loss of Rs 30 billion in FY26: ICRA
Updated : 8 months ago IST
India's aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to the credit rating firm ICRA.
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Why India Is the Fastest-Growing Aviation Industry in the World
Updated : 8 months, 3 weeks ago IST
New Delhi [India], June 21: India's skies are busier than ever. Recently released industry forecasts show India now handles about 174 million air passenger journeys (2024), making it the world's third-largest air market. Boeing projects South Asia - driven by India's booming middle class - w
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"AMCA open for private sector": Defence Secy Rajesh Kumar Singh emphasises
Updated : 8 months, 4 weeks ago IST
Emphasising the importance of private sector involvement in the defence aviation industry, Defence Secretary Rajesh Kumar Singh said on Friday that the production of India's fifth-generation fighter jet, the Advanced Medium Combat Aircraft (AMCA), will be open to private companies.
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Domestic air travel to grow 7-10 per cent in FY2026, but aviation sector w
Updated : 8 months, 4 weeks ago IST
ICRA stated in it's report, "The Indian aviation industry to report a net loss of Rs. 20-30 billion in FY2026." This projected loss is similar to the estimated losses in FY2025, and a stark contrast to the ₹1,600 crore net profit reported in FY2024.
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Dubai South records 15 per cent growth in business aviation movements in Q
Updated : 10 months, 2 weeks ago IST
Mohammed bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai South dedicated to the advancement of the aviation industry, recorded 5,275 movements achieved in Q1 2025, marking a 15 per cent increase over the same period in 2024.
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Indian aviation industry continues to face Supply-chain, engine failure is
Updated : 10 months, 3 weeks ago IST
The Indian aviation industry continues to face serious disruptions due to the ongoing supply-chain issues and engine-related problems, according to a recent report by credit rating agency ICRA.
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Indian aviation industry outlook remains stable, passenger traffic to grow
Updated : 10 months, 3 weeks ago IST
Indian aviation industry's outlook for 2025-26 remains stable, driven by expectations of moderate growth in domestic air passenger traffic and a relatively stable cost environment, according to rating agency ICRA.
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Haveus Aerotech Becomes India's First MRO to Get EASA Approval Across Delh
Updated : 12 months ago IST
New Delhi [India], March 20: Haveus Aerotech, a pioneering leader in the Indian aviation industry, is proud to announce that three of its locations--Delhi, Gurugram, and Bangalore--have received full approval from the European Union Aviation Safety Agency (EASA). This major milestone not onl
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Despite passenger growth of 14.5pc in Jan25 (YoY), aviation industry likel
Updated : 1 year ago IST
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.
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Shankh Air: Shravan Vishwakarma's Vision to Make Air Travel Accessible for
Updated : 1 year ago IST
Lucknow (Uttar Pradesh) [India], February 14: The Indian aviation industry is set to witness a groundbreaking transformation with the launch of Shankh Air, a pioneering airline founded by Shravan Vishwakarma. Driven by the vision of making air travel affordable and accessible to all, Shankh
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Dubai to host MRO Middle East, AIME 2025
Updated : 1 year, 1 month ago IST
The Middle East's aviation sector continues to surge as Dubai is set to host the largest edition of MRO Middle East and Aircraft Interiors Middle East (AIME) to date, a unique opportunity to meet the entire aviation industry under one roof.
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Best Airlines For Domestic Travel In India With Travanya!
Updated : 1 year, 2 months ago IST
New Delhi [India], January 2: India has one of the largest and most dynamic aviation markets in the world. With a growing population of travelers seeking convenient & affordable air travel options, the domestic aviation industry has witnessed remarkable growth over the years. Domestic ai
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