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Indian Airlines to expand international presence, likely to garner 50% market share by 2028: Crisil report

Aviation News – The credit rating agency Crisil in a statement on Monday (May 6) stated that the Indian airlines are set to significantly bolster their share in the country’s international passenger traffic, with estimates suggesting a surge of 700 basis points to around 50% by fiscal year 2028, up from 43% in fiscal year 2024.

Indian airlines are expected to achieve a compound annual growth rate (CAGR) of 14-15 per cent in the international segment over the next four fiscal years, further solidifying their position in the market.

Source : https://www.financialexpress.com/business/airlines-aviation-indian-airlines-to-expand-international-presence-likely-to-garner-50-market-share-by-2028-crisil-report-3478583/

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