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CRISIL Ratings forecasts 20% operating profit growth for Indian airlines industry in FY25

The rise in passenger traffic has strengthened the ability of airlines to pass on fuel costs (comprising 40-50% of the total cost) to flyers. This is reflected in the gross margin, which remained stable despite fuel prices more than doubling in the last three fiscals, CRISIL said.

Snehil shuklaMohit makhijaAssociate directorEconomic timesCrisil ratingsCrisil on airlines industryAir passenger trafficAirlines operating profitFuel prices

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Tamil naduMohit makhijaSnehil shuklaRatings ltdSenior directorAssociate director

Following a near tripling of operating profit in FY24, the domestic airline industry will see its operating profit to touch over 20% next fiscal, said credit rating agency CRISIL Ratings Ltd."The domestic airline industry will see operating .

Tamil naduMohit makhijaSnehil shuklaRatings ltdSenior directorAssociate director

Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine

Share Market Highlights 13 February 2024: Sensex climbs 482 pts; Nifty settles above 21,700; banking stocks shine
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Indian domestic airline industry to log over 20% operating profit in FY25

Indian domestic airline industry to log over 20% operating profit in FY25
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Snehil shuklaMohit makhijaRatings ltdSenior directorAssociate director