The Indian aviation sector's net loss is expected to nearly double to ₹9,500-10,500 crore in the current fiscal, according to a report by ICRA. "The deterioration is linked to moderating passenger growth, coupled with higher deliveries of aircraft, which increase capital and operational expenses," the report said. It further projected a 4-6% domestic passenger traffic growth in FY26.
short by
Mansi Agarwal /
10:59 pm on
18 Nov