Indian airlines face up to ₹38,000 crore FY27 loss despite steady demand: ICRA
ICRA forecasts FY27 net losses of ₹36,000-38,000 crore for Indian airlines as elevated ATF prices, rupee depreciation, lease costs and West Asia disruptions outweigh domestic traffic growth of 3-6%.
ICRA expects Indian airlines to report ₹36,000-38,000 crore in FY27 losses despite resilient domestic demand, as higher ATF costs, rupee depreciation, lease rentals and West Asia disruptions pressure profitability. Domestic traffic is forecast to grow 3-6%.
Why this matters
No related recent signals are listed; ICRA's forecast highlights a profitability setback for Indian airlines despite continued domestic traffic growth.
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