Tata Group Owned Air India and Air India Express Report a Combined Loss of ₹9,568.4 Crore in FY25

As per PTI, Tata Group-owned Air India and Air India Express together reported a combined loss before tax of ₹9,568.4 crore in the financial year ended March 2025, according to figures shared by the Ministry of Civil Aviation in Parliament.

Performance of Individual Carriers

As per the news reports, within this, Air India’s loss stood at ₹3,890.2 crore, while Air India Express reported a larger loss of ₹5,678.2 crore. Air India Express, which had recorded profits in earlier years, turned loss-making during the fiscal year. Both airlines were acquired by the Tata Group in January 2022.

The report also included the financials of other domestic airlines. Akasa Air recorded a loss of ₹1,983.4 crore, and SpiceJet posted a loss of ₹58.1 crore. In contrast, IndiGo reported a profit before tax of ₹7,587.5 crore in FY25.

Debt Levels Across Airlines

As per the data shared by MoS Mohol in Parliament, Air India’s debt was reported at ₹26,879.6 crore. IndiGo had the highest debt among carriers at ₹67,088.4 crore. The debt of Air India Express stood at ₹617.5 crore, while Akasa Air and SpiceJet carried debts of ₹78.5 crore and ₹886 crore, respectively.

Government’s Note on Deregulation

Minister of State for Civil Aviation, Murlidhar Mohol, stated in his written reply that following the repeal of the Air Corporation Act in March 1994, Indian domestic aviation has been deregulated.

He added that financial and operational decisions, including matters such as debt restructuring, are taken independently by airlines based on commercial considerations.

Read More: Tata Group Doubles Revenue, Triples Profit and Market Cap in 5 Years With ‘Future Fit’ Strategy!

Conclusion

The data shows that while some carriers, including Air India and Air India Express, reported heavy losses in FY25, IndiGo managed to post strong profits. Debt levels remain high across major airlines, reflecting the financial challenges in the sector.

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