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IndiGo Air India and rivals set for INR30000 crore losses as March quarter turns grim
Economy
Published on 24 April 2026
The season was strong but airline books are bleeding
Indian airlines are bracing for a sharp deterioration in financials after the March quarter ends, with major carriers including IndiGo and Air India expected to post heavy losses. Across the full fiscal, SpiceJet and Akasa are also forecast to incur significant losses, intensifying worries that the industry’s stress will persist and deepen in the year ahead.
- March quarter likely to be sharply loss-making for airlines
- IndiGo and Air India face major financial hit
- SpiceJet and Akasa also expected to report significant losses
- Analysts warn sector stress may worsen next year
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times