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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.
******Annexure-I
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)
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 FlyBigAnnexure -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)
Year Growth Growth Growth
in 2023 in 2024 in 2025
Month 2025-26 (till
2022-23 2023-24 2024-25 over over over
Sep)
2022 2023 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% -