Try GOLD - Free
Icra pegs aviation losses to hit ₹10.5K cr
Financial Express Chandigarh
|August 29, 2025
Hitting an Air Pocket
THE DOMESTIC AVIATION industry is set to see its losses nearly double in FY2026, amid mounting challenges such as geopolitical tensions and trade headwinds. Rating agency ICRA on Thursday projected the sector's net losses to widen to ₹9,500-10,500 crore, compared with ₹5,500 crore in FY2025.
Alongside this, ICRA lowered its growth forecast for domestic air passenger traffic to 4-6% in FY26, down from an earlier estimate of 7-10%. Passenger volumes are now expected to reach 172-176 million.
This story is from the August 29, 2025 edition of Financial Express Chandigarh.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Chandigarh
Financial Express Chandigarh
Trump now has his very own oil empire
LET'S DO THE math.
3 mins
January 06, 2026
Financial Express Chandigarh
Sundaram Alternates raises ₹1K cr for realty fund
SUNDARAM ALTERNATES ON Monday said investors have committed ₹1,000 crore to its ESG aligned real estate fund - SA Real Estate Credit Fund V.
1 min
January 06, 2026
Financial Express Chandigarh
Why the safe harbour clause may need a relook
The government has directed X to remove all Grok AI-generated objectionable pictures of women prompted by users.
1 min
January 06, 2026
Financial Express Chandigarh
Mahindra bets on XUV 7XO to extend SUV leadership
XUV RELOADED
1 mins
January 06, 2026
Financial Express Chandigarh
Call on Mustafizur’s ouster from IPL taken at top level in BCCI
THE DECISION TO instruct IPL franchise Kolkata Knight Riders to release Bangladesh pacer Mustafizur Rahman from its squad wasn’t the outcome of discussions among members of the Indian cricket board — the league’s governing council wasn't consulted, either.
1 mins
January 06, 2026
Financial Express Chandigarh
Zomato’s gig economy lives in the grey
Why the debate over the delivery workers' strike misses the limits of absolutes on labour and capital
3 mins
January 06, 2026
Financial Express Chandigarh
Malhotra urges sound underwriting at NBFC meet
RBI GOVERNOR SANJAY Malhotra on Monday reviewed the sectoral health and lending practices of nonbanking financial companies (NBFCs), housing finance companies (HFCs), governmentowned NBFCs and microfinance institutions at a meeting in Mumbai.
1 min
January 06, 2026
Financial Express Chandigarh
AC, fridge sales...
FROM THE FRONT PAGE
1 mins
January 06, 2026
Financial Express Chandigarh
Why India's airlines keep importing their CEOs
QUESTION NOT ABOUT INDIVIDUAL CAPABILITY, BUT ABOUT STRUCTURE
3 mins
January 06, 2026
Financial Express Chandigarh
Govt to resume wheat e-auction
WITH SLUGGISH OFFTAKE due to adequate private stock and prospects of a robust harvest, the Food Corporation of India (FCI) is likely to relaunch e-auction for open market sale of wheat after discontinuing it since early December.
1 mins
January 06, 2026
Listen
Translate
Change font size
