India's domestic passenger traffic projected to grow 7-10% in FY25, ICRA forecasts.

India's domestic passenger traffic is projected to grow 7-10% in FY25, reaching 164-170 million, according to ICRA. The agency anticipates a reduction in net losses for the aviation sector to Rs 20-30 billion, down from Rs 30-40 billion. Additionally, international traffic for Indian airlines is expected to rise by 15-20%. Overall, the industry's outlook remains stable, reflecting improved pricing power and a favorable cost environment.

September 05, 2024
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