IndiGo posts record profit as rivals struggle with heavy losses - TravelBiz Monitor: India travel news, travel trends, tourism

India’s Airlines: IndiGo Soars, Rivals in Turbulence

Indian aviation is unusual globally: one airline posts nearly a billion dollars in profit, while most of the rest together lose more than one and a half times that in the same fiscal year. We have been watching this conundrum for some time.  Official data released in Parliament last week showed IndiGo posting a profit of $915 million in FY 2024-25. In comparison, the Air India group reported a loss of $1.15 billion, Akasa Air lost $239 million, …

IndiGo posts record profit as rivals struggle with heavy losses - TravelBiz Monitor: India travel news, travel trends, tourism

India’s airline industry closed the financial year ending March 2025 with a sharp divide in fortunes, as revealed in data tabled in Parliament. Tata Group-owned Air India and Air India Express emerged as the biggest loss-makers, recording a combined pre-tax loss of INR 9,568.4 crore. Air India’s loss stood at INR 3,890.2 crore, while Air India Express, once profitable, fell into the red with a loss of INR 5,678.2 crore. Akasa Air also reported a…