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Aviation
ICRA lowers Indian airlines’ loss estimate by 33%

ICRA lowers Indian airlines’ loss estimate by 33%

ICRA has revised its forecast for Indian airlines' cumulative net losses for FY25 and FY26, lowering the estimate by 25-33% due to improved pricing power and a stable cost environment. The new estimate is INR

Aviation
India’s domestic aviation hits a high note with 13.8 million passengers in December, says ICRA

India’s domestic aviation hits a high note with 13.8 million passengers in December, says ICRA

Credit rating agency ICRA on Wednesday said its outlook on the Indian aviation industry is stable on the back of the fast-paced recovery in domestic passenger traffic in FY2023 and nine month FY2024, and expectations