India’s domestic aviation industry is set to incur a net loss of Rs 2,000 to Rs 3,000 crore in the coming fiscal years due to ongoing supply chain issues and engine problems. While passenger traffic saw growth, the pace is expected to slow in FY25. International passenger traffic is forecasted to increase by 15-20% in FY25.
Related Posts
Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBI
According to the Reserve Bank of India, fossil fuels will cease to dominate India’s electricity generation by the end of this decade. Renewable energy is […]
Q1 bump tied to polls, confident GDP growth will hit 7.2%: RBI guv
RBI Governor Shaktikanta Das anticipates that India’s GDP growth will meet the projected 7.2% for this financial year, driven by favorable monsoon conditions and higher […]