Asia/Pacific

ICRA - Indian airline industry to cut down losses in FY24

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ICRA - Indian airline industry to cut down losses in FY24

The Indian airline industry is likely to cut down its losses to about INR 50 billion in FY24, owing to healthy passenger traffic and the ability to shore up their yields, according to a recent report published by Investment, Information and Credit rating Agency (ICRA). Owing to an elevated aviation ...

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