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flag Indian aviation faces $250-$380 million losses over two years despite passenger surge.

flag ICRA predicts the Indian aviation industry will report a net loss of Rs 2,000-3,000 crore ($250-$380 million) in the next two financial years, due to high ticket price pressures and aviation fuel costs. flag Despite these losses, domestic passenger traffic surged 14.5% in January 2025, nearly 18% above pre-Covid levels, suggesting steady demand for air travel. flag Debt levels are expected to remain stable.

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