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Domestic aviation industry may post losses of ₹38,000 cr in FY27: Icra
The Indian aviation industry is expected to post net losses of Rs 36,000-38,000 crore in the current fiscal, compared to estimated net losses of Rs 28,000-30,000 crore in the previous year, ratings agency ICRA said on Thursday. The losses were primarily driven by moderation in passenger traffic growth, rising aviation turbine fuel (ATF) prices and forex losses arising from the sharp depreciation of the Indian rupee, it said. The onset of the war in West Asia in late February 2026 is expected to…
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