India's domestic air passenger traffic is expected to grow at a slower pace of 0-3 per cent in FY2026, sharply lower than the earlier projection of 4-6 per cent, due to multiple disruptions during the year, according to a report by ICRA.
Rating agency ICRA has affirmed "stable" outlook on Indian civil aviation industry, with expectations that will witness modest 4-6 per cent growth in domestic air passenger traffic in the current financial year 2025-26.
Indian aviation industry's net financial losses to increase to Rs. 95-105 billion in FY2026, credit rating agency ICRA said on Tuesday. The agency expects net losses to widen more than 100 billion in FY2026, compared with Rs. 55 billion in FY2025. The increase is attributed to slower traffic
India's domestic aviation sector continued its upward trajectory in 2025, with airlines carrying 977.79 lakh passengers between January and July, according to data released by the Directorate General of Civil Aviation (DGCA) on Wednesday. This marked a 5.9 per cent increase year-on-year, com
Gurugram (Haryana) [India], August 23: India's favourite online travel portal HappyEasyGo (HEG) has released a special travel deal in partnership with IndusInd Bank Credit Cards. This limited-period offer lets customers save up to Rs700 per traveller on domestic air ticket bookings. Customer
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.
Mumbai (Maharashtra) [India], May 28: In 2024, India crossed 350 million annual air passengers, establishing itself as the third-largest aviation market in the world, according to the Ministry of Civil Aviation. Over the past decade, domestic air passenger traffic has grown steadily at 10-12
The total number of domestic air passengers during the month is estimated at 145.5 lakh, up from 132.0 lakh in April 2024. However, the growth remained flat on a month-on-month basis.
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.
Beijing has also asked that Chinese carriers halt any purchases of aircraft-related equipment and parts from US companies, sources were quoted as saying in the Bloomberg report.
Revenue of the domestic aircraft maintenance, repair and overhaul (MRO) industry will surpass Rs 4,500 crore in fiscal 2026, clocking an impressive 50 per cent growth over fiscal 2024, said Crisil Ratings in a report.