ICRA projects Rs 30 billion net loss for Indian aviation sector in FY26 amid cost pressures
India’s aviation sector is expected to post a net loss of Rs 20–30 billion in FY2025-26 (FY26), according to credit rating agency ICRA. The projected loss is in line with the estimated losses for FY2024-25 (FY25), reflecting ongoing challenges around fuel costs, fare pricing, and high lease-related expenses. In its report, ICRA highlighted that despite…