The Indian aviation industry has praised the government's decision to moderate the increase in Aviation Turbine Fuel (ATF) prices for domestic operations. In a social media post, Air India called this move a thoughtful and timely step that provides much-needed relief to the aviation sector...
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...
Mumbai, March 27 Ratings agency ICRA revised its outlook on the Indian aviation industry to negative from stable on Friday, 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...
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...