Overview
- Air India reported a pre-tax loss of Rs 3,890.2 crore and Air India Express Rs 5,678.2 crore in FY25, taking the group’s combined loss to Rs 9,568.4 crore.
- IndiGo was the only profitable listed carrier, posting a pre-tax profit of Rs 7,587.5 crore for the year.
- Akasa Air recorded a pre-tax loss of Rs 1,983.4 crore and SpiceJet posted a pre-tax loss of Rs 58.1 crore.
- Reported debt at year-end included Rs 26,879.6 crore for Air India and Rs 67,088.4 crore for IndiGo, with Air India Express at Rs 617.5 crore, SpiceJet at Rs 886 crore, and Akasa Air at Rs 78.5 crore.
- The minister reiterated that airlines manage their own finances under a deregulated regime and cited policy support through the National Civil Aviation Policy and UDAN, noting no contraction in July capacity.