Mumbai, March 27 Ratings agency ICRA on Friday revised its outlook on the Indian aviation industry to negative from stable, citing disruptions in international airspace following the escalation of geopolitical tensions in West Asia.The revision in outlook is also due to a sharp depreciation of...
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indian aviation industry
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west asia
Mumbai, Feb 24 According to ICRA, Indian airlines are expected to reduce losses to an estimated ₹11,000-12,000 crore in the next fiscal year, compared to the projected ₹17,000-18,000 crore this fiscal year, despite maintaining a "stable outlook" for the domestic aviation industry.ICRA also...
New Delhi, February 12 SpiceJet reported a loss of ₹269.27 crore for the three months ended December 2025, as higher costs and one-time expenses impacted the budget carrier's bottom line.The airline had a profit of ₹24.97 crore in the December quarter of 2024, as per the standalone financial...