Indian aviation industry loss estimated to stay at Rs 30-40 billion in FY25
ICRA forecasts Indian aviation industry to reduce net loss to Rs 30-40 billion in FY2025 from Rs 170-175 billion in FY2023. Challenges include high ATF prices, rupee depreciation, supply chain issues, faulty P&W engines grounding fleets, flight cancellations, and financial distress.
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ICRA forecasts Indian aviation industry to reduce net loss to Rs 30-40 billion in FY2025 from Rs 170-175 billion in FY2023. Challenges include high ATF prices, rupee depreciation, supply chain issues, faulty P&W engines grounding fleets, flight cancellations, and financial distress.