Indian Aviation Faces Stormy FY26 Amid Rising Costs & Delays
As the financial year 2026 comes to a close, it’s fair to say that it has been an extremely turbulent fiscal year for the aviation industry. Starting with Operation Sindoor in April 2025 to the west Asia conflict in march 2026, the sector was marred with multiple internal and external shocks. Rating agency ICRA had earlier projected that the industry would undergo a loss of about 2.16 billion dollars. This was before the Iran war.
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