Airlines are short of planes. Why India’s airport boom is losing steam
GMR’s annual report pegged Indian airlines’ net losses at ₹32,000-34,000 crore in FY26, against about ₹5,500 crore in FY25, and expects losses to widen to ₹36,000-38,000 crore in FY27. It cites rupee depreciation, elevated jet fuel prices, higher lease rentals and softer passenger traffic as key pressures.