The Indian aviation industry is projected to see its net losses decline by one-third in the 2026-27 fiscal year as domestic passenger traffic growth recovers to an estimated 6-8 per cent.
India and South Asia's passenger air traffic will rise an average of 7% annually over the next 20 years, spurred by a growing middle class, economic growth and airport and connectivity investments, Boeing [NYSE: BA] said today.
ICRA has maintained its stable outlook on the Indian aviation industry, even as it navigates a challenging period marked by operational disruptions and revised growth projections. While the industry is expected to face a significant net loss of Rs. 170-180 billion in FY2026, the outlook rema
A private sleeper bus heading to Mantralaya was involved in a severe accident after ramming into a truck near Agalagurki in Chikkaballapur district. The accident led to the death of one on the spot, and 11 were injured.
With a significant surge in domestic and international travel, the Airport successfully handled 7.01 million passengers (3.5 million domestic passenger arrivals and 3.4 million domestic passenger departures).
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.
Sharjah Airport said it is fully prepared for a surge in passenger traffic during the winter holiday period after introducing operational measures to improve passenger flow and maintain service standards.
Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) set new records for passenger traffic in November 2025. The airport handled more than 48.88 lakh passengers during the month.
IndiGo has overtaken Air India and Air India Express in international passenger traffic during the July-September 2025 quarter, according to official data by the Directorate General of Civil Aviation (DGCA).
Union Minister Jitendra Singh on Thursday informed the introduction of a special train service between New Delhi and Shri Mata Vaishno Devi Katra to accommodate the surge in passenger traffic.
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