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Aviation sector kicks off FY27 on a weak note
Financial Express Ahmedabad
|May 30, 2026
THE DOMESTIC AVIATION sector began FY27 on a subdued note, with passenger traffic declining year-on-year (y-o-y) in April amid elevated airfares, higher fuel costs and geopolitical disruptions weighing on travel demand, according to a report by ICRA.
Domestic air passenger traffic stood at 14.08 million in April 2026, down 1.6% from 14.31 million a year earlier and 2% lower than 14.37 million recorded in March 2026, the ratings agency said in its latest aviation outlook released on Friday.
This story is from the May 30, 2026 edition of Financial Express Ahmedabad.
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