Indian aviation industry forecasts lower losses for INR 20 – 30 billion in FY 25: ICRA

The aviation sector has demonstrated strong pricing discipline, reflected in the increased spread between revenue per available seat kilometer (RASK) and cost per available seat kilometer (CASK). This improved pricing power has led ICRA to maintain a stable outlook for the industry, with continued growth in both domestic and international passenger volumes and a relatively stable cost environment.



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