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India’s aviation sector is likely to face deeper financial turbulence, with net losses expected to rise to Rs 95-105 billion in FY2026, compared with Rs 55 billion in FY2025, according to credit rating agency ICRA. The agency attributed the projected widening of losses to slower passenger growth, higher operational costs, and the impact of elevated…
Alaska airlines (File photo) Alaska Air Group on Thursday lowered its 2025 profit forecast due to rising fuel costs and operational challenges. The airline said adverse weather and other disruptions have further pressured its profit margins.The airline also projected fourth-quarter profit well below analysts’ expectations.Fuel costs have surged due to refinery outages on the US…
MUMBAI: Banks are expected to report weaker earnings for the second quarter of FY26 in coming weeks as falling lending rates outpaced the decline in funding costs, compressing margins and profit growth. Analysts said the full impact of earlier RBI repo rate cuts was felt during the quarter, causing Net Interest Margins (NIMs) to contract…
