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LatestLY - Business - News Image
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18
BusinessApr 07, 2026 06:29 PM

Business News | West Asia Conflict Hits Airline Revenues, Raises Costs, Govt Taking Various Steps to...

New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. Also Read | UCLA's Tiana Sumanasekera Viral Bollywood Rout ...Read More >

Asian News International (ANI) - Business - News Image
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26
BusinessApr 07, 2026 05:51 PM

West Asia conflict hits airline revenues, raises costs, govt taking various steps to stabilise secto...

New Delhi [India], April 7 (ANI): The ongoing West Asia conflict has put significant pressure on India's aviation sector by impacting airline revenues and increasing operational costs, Civil Aviation Ministry Joint Secretary Asangba Chuba Ao said on Tuesday. Speaking during an inter-ministerial briefing on recent developments in West Asia, Ao said airlines are facing a two-fold challenge due to the crisis, which began over a month ago. "50 per cent of all international operations by Indian car ...Read More >

Abtak.com - Business - News Image
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13
BusinessApr 01, 2026 12:34 PM

Impossible to quantify full impact of Middle East war: IATA

Airfares are increasing due to higher fuel costs and limited flight capacity. The ongoing Middle East conflict is a key factor. Despite these challenges, global passenger demand showed strength in February. Airlines are adjusting flight schedules to manage fuel supply issues. Capacity growth forecasts for March have been lowered. New Delhi: Rising fuel costs, tight capacity and thin margins are already pushing up airfares amid the ongoing Middle East conflict, the International Air Transport As ...Read More >

Deccan Chronicle - Business - News Image
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7
BusinessMar 31, 2026 05:57 PM

Impossible Now To Quantify Middle East War Impact On Airlines; Airfares Already On Rise: IATA

New Delhi: With sharp rise in fuel costs as well as tight capacity and thin margins for airlines, airfares are already rising in the wake of the Middle East war, global airlines' grouping IATA said on Tuesday.The International Air Transport Association (IATA) represents around 350 airlines, including Air India, Air India Express, IndiGo, and SpiceJet. On Tuesday, the grouping released the data for global passenger demand in February 2026 and said total demand in terms of Revenue Passenger Kilom ...Read More >

NewsDrum - Business - News Image
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18
BusinessMar 31, 2026 05:17 PM

Impossible now to quantify Middle East war impact on airlines; airfares already on rise: IATA

New Delhi, Mar 31 (PTI) With sharp rise in fuel costs as well as tight capacity and thin margins for airlines, airfares are already rising in the wake of the Middle East war, global airlines' grouping IATA said on Tuesday. The International Air Transport Association (IATA) represents around 350 airlines, including Air India, Air India Express, IndiGo, and SpiceJet. On Tuesday, the grouping released the data for global passenger demand in February 2026 and said total demand in terms of Revenue ...Read More >

Zee News - Business - News Image
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6
BusinessJul 12, 2025 11:49 AM

Indian Aviation Industry To Report Net Loss Of Rs 30 Billion In FY26: ICRA

New Delhi: India's aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to credit rating firm ICRA. In its report, the firm stated that these losses are expected to persist compared to the net profit of around Rs 16 billion recorded in FY2024, due to anticipated pressure on yields as airlines strive to maintain adequate passenger load factors (PLF) amid ...Read More >

News Nation English - Business - News Image
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1
BusinessJul 12, 2025 09:00 AM

Indian aviation industry to report net loss of Rs 30 billion in FY26: ICRA

New Delhi [India], July 12 (ANI): India aviation industry is projected to record a net loss in the range of Rs 20-30 billion in the financial year 2025-26 (FY26), broadly in line with the estimated losses for FY2024-25 (FY25), according to the credit rating firm ICRA. The firm said in a report that these losses are expected to continue compared to a net profit of around Rs 16 billion in FY2024 due to the anticipated pressure on yields as airlines strive to maintain adequate passenger load facto ...Read More >

LatestLY - Business - News Image
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16
BusinessDec 03, 2024 06:20 PM

India's Domestic Air Passenger Traffic To See 7-10% Growth, Likely To Reach 164-170 Million Passenge...

New Delhi, December 3: India is projected to see 7-10 per cent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday. In the first half this fiscal (H1 FY25), the domestic air passenger traffic stood at 79.3 million, witnessing a YoY growth of 5.3 per cent, partly impacted by the severe heat waves and other weather-related disruptions, according to credit rating agency ICRA. The international passenger traffic growth for Indian carr ...Read More >

Zee News - Business - News Image
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15
BusinessDec 03, 2024 04:24 PM

India's Domestic Air Passenger Traffic To See 7-10% Growth In FY25

Why Is Indian Railways Called Indian Railways, Not Indian Railway? UPSC-Level Question Solved India's Domestic Air Passenger Traffic: India is projected to see 7-10 per cent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday. In the first half this fiscal (H1 FY25), the domestic air passenger traffic stood at 79.3 million, witnessing a YoY growth of 5.3 per cent, partly impacted by the severe heat waves and other weather-related ...Read More >

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