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ICRA AVIATION REPORT
No smooth landing: ICRA sees Indian airlines' losses widening up to Rs 38,000 crore in FY27India's aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revi...- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- India's domestic air passenger traffic grows 1.4 pc to 1,677.4 lakh in FY26: ReportIndia's domestic air travel saw a 1.4 percent rise in FY26, carrying 1,677.4 lakh passengers. March 2026 traffic also increased by 1 percen...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- ICRA revises aviation outlook to Negative amid West Asia tensions, weak rupee, fuel costsIndia's aviation sector faces a negative outlook. Geopolitical tensions, a weaker rupee, and higher fuel costs are increasing pressure on a...
- Domestic air passenger traffic touches 1.38 crore in June, says reportDomestic air passenger traffic saw a 5.1% annual increase in June, reaching over 1.38 crore, though it slightly declined from May. ICRA pro...
- New report reveals all that hamstrings Indian aviationThe Indian aviation industry continues to face serious disruptions due to the ongoing supply-chain issues and engine-related problems, acco...
- Despite passenger growth of 14.5pc in Jan25 (YoY), aviation industry likely to post loss in FY25, FY26: ICRAThe Indian aviation industry is expected to incur a net loss of Rs 2,000-3,000 crore in FY25 and FY26, mainly due to high ATF prices and ri...
- Indian airlines expected to report lower net loss of Rs 3,000-4,000 crore this fiscal: ReportAmong other things, the Indian aviation sector has also been grappling with supply chain challenges and issues related to Pratt & Whitney (...
- Supply chain challenges to hit aircraft deliveries for Indian airlines: ReportIndian airlines are facing supply chain challenges and engine failure issues, potentially impacting aircraft deliveries to domestic airline...
- Domestic air passenger traffic rises about 23% to 1.24 crore in August: IcraIndia's domestic air passenger traffic in August increased by 23% compared to the previous year, reaching 1.24 crore. It was also 6% higher...
- Domestic air passenger traffic to grow 8-13 pc this fiscal: ReportIcra in its report has predicted that domestic air passenger traffic in India will grow by 8-13% in the current fiscal year. The aviation i...
- Indian airlines expected to report net loss of Rs 5,000-7,000 crore in FY24: ICRAThe airlines have improved the cost of available seat kilometre to the cost of available seat kilometre (RASK-CASK) spread through better p...
- India is flying high again: Domestic numbers touching pre-pandemic levelsIn terms of passenger revenue kilometres, the domestic aviation market was a mere 2.2 per cent shy of reaching pre-pandemic levels, shows a...
- Domestic air passenger traffic projected at 1.19 crore in February, say IcraFor the first 11 months of the current fiscal, Icra said domestic passenger traffic is projected at around 12.29 crore, a y-o-y growth of a...
- Domestic air passenger traffic grows 15 per cent in December"In the April-December period of the current fiscal, domestic passenger traffic is estimated at around 986 lakh, registering around 63 per ...
- Domestic air passenger traffic rises 67% to around 88 lakh in Oct: ICRADomestic air passenger traffic grew by a whopping 67 per cent year-on-year at around 87-88 lakh in October, on the back of festive season d...
- Indian aviation industry may incur losses worth Rs 26,000 crore in FY22, says new reportAccording to ICRA, in the near term, the balance sheets of Indian carriers will remain stressed until they are able to reduce their debt bu...
- Domestic aviation industry will need up to Rs 35,000 crore additional funding in FY21-23: IcraAt the same time, the industry is expected to report revenue de-growth of 44 per cent and a negative CAGR (compound annual growth rate) of ...
- SpiceJet, Jet Airways stocks skyrocket as Delhi govts mulls massive cut in ATF taxSpiceJet was ruling 5.58 per cent higher at Rs 79.45. Jet Airways surged 5.56 per cent to Rs 461, while InterGlobe Aviation advanced 3.45 p...
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