The Indian aviation industry is projected to report a net loss of INR. 20-30 billion in FY2025 and FY2026,…
Browsing: ICRA
ICRA has revised its forecast for Indian airlines’ cumulative net losses for FY25 and FY26, lowering the estimate by 25-33%…
Medical tourism in India increased by around 33% year-on-year in 2023, with expectations to surpass the pre-pandemic levels of 700,000…
According to a report in The Hindustan Times, flying expenses could soar in this September quarter due to increased traveller…
The momentum in air passenger traffic is expected to continue into the financial year 2025 (FY2025), though further expansion…
India’s air passenger traffic is expected to grow by 8-11% year-on-year, reaching a record high of 407-418 million passengers…
India has initiated the process of consolidating its four airspace regions into one encompassing the entire nation to streamline…
ICRA, the credit rating agency, forecasted an 8 to 13 percent growth in Indian air passenger traffic for the fiscal…
In a significant development for the Indian aviation industry, a robust order book of 1,700 aircraft has been secured, marking…
The Indian hospitality sector anticipates substantial revenue growth of 7-9% in the upcoming financial year 2024-25, according to a…