ICRA cuts FY26 air traffic growth forecast to 4–6%, warns of deeper airline losses
New Delhi: India’s airlines may face deeper losses next year due to a slowdown in air travel growth, rating agency ICRA (Investment Information and Credit Rating Agency) said on Thursday.
The agency has cut its forecast for the financial year (FY) 2026, stating that domestic passenger traffic is expected to rise by only 4–6% to around 172–176 million fliers, down from its earlier projection of 7–10% growth.
