Indian aviation industry may post higher losses at ₹9,500-10,500 cr this fiscal: ICRA report

Mumbai, Aug 28 (PTI) The Indian aviation industry may post higher losses at ₹9,500-10,500 crore this fiscal from an estimated ₹5,500 crore in FY25, owing largely to the ongoing geopolitical situation and trade headwinds, ratings agency ICRA said on Thursday.

At the same time, ICRA said, it is expecting a modest increase in domestic air passenger traffic to 172-176 million in FY2026, reflecting a growth of 4-6 per cent over the previous year, lower than its earlier projections of a 7-10 per cent increase.