Government Data Reveals Indian Airline Financial Performance

Government Data Reveals Indian Airline Financial Performance.webp


New Delhi, February 9 The total loss incurred by Indian airlines amounted to ₹5,289.73 crore in the last fiscal year, with the Air India Group alone accounting for ₹9,808.12 crore of the total loss, according to official data.

Out of the 11 operators, 4 reported a profit – IndiGo, Blue Dart, Star Air, and IndiaOne Air.

The data was provided as part of a written reply to the Rajya Sabha on Monday by Minister of State for Civil Aviation, Murlidhar Mohol.

In 2024-25, Air India and Air India Express recorded losses of ₹3,975.75 crore and ₹5,832.37 crore, respectively, while Akasa Air reported a loss of ₹1,986.25 crore.

State-owned Alliance Air's loss was at ₹691.12 crore, and that of SpiceJet stood at ₹55.67 crore in the last fiscal.

Other loss-making operators were Fly91 (₹67.65 crore) and Quikjet Cargo (₹1.34 crore).

IndiGo raked in a profit of ₹7,253.30 crore, while other profitable entities were Star Air (₹68.75 crore), Blue Dart (₹0.71 crore), and IndiaOne Air (₹0.33 crore).

All these figures are after considering extraordinary items.

In his reply to CPI-M member John Brittas, the Union minister also stated that in a deregulated aviation market, airfares are neither fixed nor regulated by the government and are determined by airlines based on demand-supply dynamics and other commercial considerations.
 
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