New Delhi, Feb 24 (IANS) India’s aviation industry is expected to cut net losses by one-third to Rs 110–120 billion in 2026‑27 as domestic passenger traffic growth will recover to 6–8 per cent, a report said on Tuesday.The report from ICRA said the current losses at Rs. 170–180 billion will see a huge cut as domestic traffic touches 175–179 million passengers in 2026-27.The international air passenger traffic growth for Indian carriers is expected to remain relatively stronger, aided…
Latest International Air Passenger Traffic News & Updates
New Delhi, Jan 22 (IANS) The outlook on the Indian aviation industry is “stable,” driven by the anticipation of modest growth in domestic air passenger traffic in FY26, according to an ICRA report on Thursday.ICRA has revised its forecasts for the domestic air passenger traffic growth in FY26 to 0-3 per cent, reaching 165-170 million, lower than its previous expectations of 4-6 per cent on a YoY basis. This is attributed to cross-border escalations (that led to flight disruptions and cancell…