ReferIndia News Icra cuts domestic air traffic growth outlook

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Icra cuts domestic air traffic growth outlook

Published on: Dec. 30, 2025, 12:24 a.m. | Source: The Economic Times

India's aviation industry is bracing for a significant deceleration in growth this fiscal year, as indicated by a new report from Icra. The agency has slashed its forecast to a conservative 0-3%, following a series of troublesome flight cancellations and escalating safety dilemmas. Compounded by a downturn in business travel due to global economic pressures, the future looks challenging.

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