Domestic air passenger traffic to expand 8-13% each in FY24 & FY25: ICRA
The aviation industry is estimated to report a similar net loss of ₹3,000-5,000 crore in FY25 as well, says ICRA
The aviation industry is estimated to report a similar net loss of ₹3,000-5,000 crore in FY25 as well, says ICRA
Higher aircraft maintenance costs, employee expenses, and mark-to-market losses on capitalised operating leases drag the airline further into the red in a seasonally weak travel period.
Or how successive governments use taxpayer money to bail out an increasingly inefficient public sector banking system.