Asia

India's airlines losses seen widening to Rs 38,000 crore, ICRA forecasts

India's airlines could see losses widen to Rs 38,000 crore in the 2027 financial year, according to ratings agency ICRA. The forecast points to rising costs and pressures facing the sector.

Passenger airplanes on an airport tarmac
Passenger airplanes on an airport tarmacPhoto: Hobi Photography / Pexels
Economic Times2 h ago

India's airlines could see losses widen to Rs 38,000 crore in the 2027 financial year, it has been reported. According to The Economic Times, ratings agency ICRA expects no 'smooth landing' for the sector in the period ahead.

The forecast points to rising costs, currency pressures and operational challenges. Although India is one of the world's fastest-growing aviation markets, pressures on profitability persist.

How the sector responds will be decisive in terms of fares, capacity planning and cost management. Investors and travellers are following developments closely.

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This article is an AI-curated summary of the original story published by Economic Times. The illustration is a stock photo by Hobi Photography from Pexels and is not from the original story.

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