Lok Sabha Question No. 1950 (UNSTARRED), answered on 2025-12-11
Subject: Losses in the Aviation Sector
Ministry: CIVIL AVIATION
Asked by: Dr. Kakoli Ghosh Dastidar

## GOVERNMENT OF INDIA MINISTRY OF CIVIL AVIATION

## LOK SABHA UNSTARRED QUESTION NO. : 1950

( TO BE ANSWERED ON THE  11th December 2025 )

## LOSSES IN THE AVIATION SECTOR

## 1950.    DR. KAKOLI GHOSH DASTIDAR Will the Minister of CIVIL AVIATION

be pleased to state:-

- (a) the details of net profit and net loss to the airlines during each of the last three years and the current year, airline-wise;
- (b) whether it is a fact that domestic air passenger traffic has shown a year-on-year decline during the said period and if so, the details thereof, year and month-wise; and
- (c) whether the Government has prepared any plan to reduce losses in the aviation sector and improve its viability for domestic passengers and if so, the details thereof?

## ANSWER

## Minister of State in the Ministry of CIVIL AVIATION      (Shri Murlidhar Mohol)

(a): The details of the net profit and net loss of Scheduled Airline Operators for the last three years,  from  FY  2023  to  FY  2025,  are  at  Annexure-I.  However,  the  financial  performance figures for the current financial year (2025-26) are not yet available, as the financial year has not concluded.

- (b): The number of passengers carried by Scheduled Indian operators for scheduled domestic operations from FY 2022-23 to FY 2025-26 (provisional up to September), along with growth figures, is at Annexure-II. Further, month-wise data on domestic air passengers (in numbers), with growth, as submitted by Scheduled Indian operators for scheduled domestic operations from FY 2022-23 to FY 2025-26 (provisional up to September), is placed at Annexure-III.
- (c): With the repeal of the Air Corporation Act in March 1994, the Indian domestic aviation industry  has  been  deregulated.  The  financial  and  operational  decisions,  including  resource mobilization  and  debt  restructuring,  are  managed  by  the  respective  airlines  based  on commercial considerations.

******

## Financial Performance of Scheduled Indian Airlines for the last three years (FY 2022-

## 23, 2023-24, 2024-25)

(RS. IN MILLION)

| Carrier/Airline   | Profit or Loss (after Income taxes &extraordinary items)   | Profit or Loss (after Income taxes &extraordinary items)   | Profit or Loss (after Income taxes &extraordinary items)   |
|-------------------|------------------------------------------------------------|------------------------------------------------------------|------------------------------------------------------------|
| Year              | 2022-23                                                    | 2023-24                                                    | 2024-2025 (p)                                              |
| Air India         | -1,13,879.6                                                | -44,441.0                                                  | -39,757.5                                                  |
| Air India Express | 1,163.2                                                    | -1,631.2                                                   | -58.323.7                                                  |
| Alliance Air      | -7,441.3                                                   | -6,177.0                                                   | -6,911.2                                                   |
| Akasa Air         | -27,476.0                                                  | -16,695.9                                                  | -19,862.5                                                  |
| Air Asia          | -27,476.0                                                  | -11,491.4                                                  | *                                                          |
| Blue Dart         | 22.0                                                       | 90.0                                                       | 71.0                                                       |
| FlyBig            | 55.9                                                       | 48.3                                                       | **                                                         |
| Fly91             | NA                                                         | -314.2                                                     | -676.5                                                     |
| IndiGo            | -3,167.2                                                   | 81,674.9                                                   | 72,533.0                                                   |
| IndiaOne Air      | -87.3                                                      | -32.3                                                      | 33.4                                                       |
| Quikjet Cargo     | -289.8                                                     | -7.4                                                       | -134.0                                                     |
| SpiceJet          | -15,131.3                                                  | -4,042.4                                                   | -556.7                                                     |
| Star Air          | -208.4                                                     | -333.1                                                     | 687.5                                                      |
| Vistara           | -13,970.4                                                  | -5,891.2                                                   | *                                                          |
| Total             | -1,86,067.8                                                | -9,243.9                                                   | -52,897.3                                                  |

## Note:

* AIX Connect (Air Asia) and Vistara merged with Air India
- ** The information for FY 2024-25 was not submitted to DGCA by FlyBig

Annexure -II Passengers (in numbers) carried by Scheduled Indian operators for Scheduled domestic operations carried from FY 2022-23 to FY 2025-26 (Provisional up to September) with growth

| Year                          | Passengers (in number)   | Growth   |
|-------------------------------|--------------------------|----------|
| 2022-23                       | 13,60,28,656             |          |
| 2023-24                       | 15,36,74,682             | 13.0     |
| 2024-25                       | 16,55,41,692             | 7.7      |
| 2025-26 (Till September 2025) | 8,01,71,314              | -        |

## Annexure -III

| Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   | Month-wise data of Domestic air passengers (in numbers) with growth carried as per data submitted by Scheduled Indian operators for Scheduled Domestic operations from FY 2022-23 to FY 2025-26 (Provisional till September)   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Month                                                                                                                                                                                                                          | Year                                                                                                                                                                                                                           | Year                                                                                                                                                                                                                           | Year                                                                                                                                                                                                                           | Year                                                                                                                                                                                                                           | Growth in 2023 over 2022                                                                                                                                                                                                       | Growth in 2024 over 2023                                                                                                                                                                                                       | Growth in 2025 over 2024                                                                                                                                                                                                       |
| Month                                                                                                                                                                                                                          | 2022-23                                                                                                                                                                                                                        | 2023-24                                                                                                                                                                                                                        | 2024-25                                                                                                                                                                                                                        | 2025-26 (till Sep)                                                                                                                                                                                                             | Growth in 2023 over 2022                                                                                                                                                                                                       | Growth in 2024 over 2023                                                                                                                                                                                                       | Growth in 2025 over 2024                                                                                                                                                                                                       |
| Apr                                                                                                                                                                                                                            | 1,05,49,088                                                                                                                                                                                                                    | 1,28,88,410                                                                                                                                                                                                                    | 1,32,00,048                                                                                                                                                                                                                    | 1,43,14,688                                                                                                                                                                                                                    | 22.2%                                                                                                                                                                                                                          | 2.4%                                                                                                                                                                                                                           | 8.4%                                                                                                                                                                                                                           |
| May                                                                                                                                                                                                                            | 1,14,70,422                                                                                                                                                                                                                    | 1,32,14,554                                                                                                                                                                                                                    | 1,37,95,301                                                                                                                                                                                                                    | 1,40,54,824                                                                                                                                                                                                                    | 15.2%                                                                                                                                                                                                                          | 4.4%                                                                                                                                                                                                                           | 1.9%                                                                                                                                                                                                                           |
| June                                                                                                                                                                                                                           | 1,05,14,030                                                                                                                                                                                                                    | 1,24,86,601                                                                                                                                                                                                                    | 1,32,05,828                                                                                                                                                                                                                    | 1,36,04,312                                                                                                                                                                                                                    | 18.8%                                                                                                                                                                                                                          | 5.8%                                                                                                                                                                                                                           | 3.0%                                                                                                                                                                                                                           |
| July                                                                                                                                                                                                                           | 97,04,934                                                                                                                                                                                                                      | 1,21,00,030                                                                                                                                                                                                                    | 1,29,86,105                                                                                                                                                                                                                    | 1,26,05,312                                                                                                                                                                                                                    | 24.7%                                                                                                                                                                                                                          | 7.3%                                                                                                                                                                                                                           | -2.9%                                                                                                                                                                                                                          |
| Aug                                                                                                                                                                                                                            | 1,01,15,739                                                                                                                                                                                                                    | 1,24,22,673                                                                                                                                                                                                                    | 1,31,30,699                                                                                                                                                                                                                    | 1,29,48,637                                                                                                                                                                                                                    | 22.8%                                                                                                                                                                                                                          | 5.7%                                                                                                                                                                                                                           | -1.4%                                                                                                                                                                                                                          |
| Sep                                                                                                                                                                                                                            | 1,03,46,833                                                                                                                                                                                                                    | 1,22,46,549                                                                                                                                                                                                                    | 1,30,27,336                                                                                                                                                                                                                    | 1,26,43,541                                                                                                                                                                                                                    | 18.4%                                                                                                                                                                                                                          | 6.4%                                                                                                                                                                                                                           | -2.9%                                                                                                                                                                                                                          |
| Oct                                                                                                                                                                                                                            | 1,14,00,977                                                                                                                                                                                                                    | 1,26,36,742                                                                                                                                                                                                                    | 1,36,57,193                                                                                                                                                                                                                    | -                                                                                                                                                                                                                              | 10.8%                                                                                                                                                                                                                          | 8.1%                                                                                                                                                                                                                           |                                                                                                                                                                                                                                |
| Nov                                                                                                                                                                                                                            | 1,16,78,582                                                                                                                                                                                                                    | 1,27,35,394                                                                                                                                                                                                                    | 1,42,50,266                                                                                                                                                                                                                    |                                                                                                                                                                                                                                | 9.0%                                                                                                                                                                                                                           | 11.9%                                                                                                                                                                                                                          | -                                                                                                                                                                                                                              |
| Dec                                                                                                                                                                                                                            | 1,27,35,454                                                                                                                                                                                                                    | 1,37,97,352                                                                                                                                                                                                                    | 1,49,26,352                                                                                                                                                                                                                    |                                                                                                                                                                                                                                | 8.3%                                                                                                                                                                                                                           | 8.2%                                                                                                                                                                                                                           | -                                                                                                                                                                                                                              |
| Jan                                                                                                                                                                                                                            | 1,25,51,028                                                                                                                                                                                                                    | 1,31,31,603                                                                                                                                                                                                                    | 1,47,02,387                                                                                                                                                                                                                    |                                                                                                                                                                                                                                | 4.6%                                                                                                                                                                                                                           | 12.0%                                                                                                                                                                                                                          | -                                                                                                                                                                                                                              |
| Feb                                                                                                                                                                                                                            | 1,20,68,372                                                                                                                                                                                                                    | 1,26,47,306                                                                                                                                                                                                                    | 1,41,18,495                                                                                                                                                                                                                    |                                                                                                                                                                                                                                | 4.8%                                                                                                                                                                                                                           | 11.6%                                                                                                                                                                                                                          | -                                                                                                                                                                                                                              |
| Mar                                                                                                                                                                                                                            | 1,28,93,197                                                                                                                                                                                                                    | 1,33,67,468                                                                                                                                                                                                                    | 1,45,41,682                                                                                                                                                                                                                    |                                                                                                                                                                                                                                | 3.7%                                                                                                                                                                                                                           | 8.8%                                                                                                                                                                                                                           | -                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                | 13,60,28,656                                                                                                                                                                                                                   | 15,36,74,682                                                                                                                                                                                                                   | 16,55,41,692                                                                                                                                                                                                                   | 8,01,71,314                                                                                                                                                                                                                    | 13.0%                                                                                                                                                                                                                          | 7.7%                                                                                                                                                                                                                           | -                                                                                                                                                                                                                              |