What is the future projection of aviation stocks?

Sector Outlook Passenger traffic doubling by 2030: India’s air travel market is anticipated to reach ~300 million domestic passengers by 2030, marking a 2× increase from 2023 levels. Massive aircraft orders fueling fleet expansion: Between IndiGo and Air India, over 1,700 new aircraft are slated for delivery, with S&P Global citing ~$150 bn allocated for these acquisitions plus ~$24 billion for airport infrastructure. Airport network growth: The count of airports is expected to double, rising from ~148 to ~300, creating additional infrastructure demand. Domination of key carriers: IndiGo and Air India remain dominant forces in domestic and international segments, strengthening their market leadership. Sectoral growth rate: Aviation industry is projected to grow at 10-15% annually, aligning with broader industry forecasts that estimate similar CAGRs for India's aviation market (e.g., ~11.5% CAGR from 2025 to 2032) Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

How to choose aviation stocks for investing?

To choose aviation stocks, assess Passenger Load Factor (PLF) trends, ideally above 80% and improving, indicating strong demand and efficiency. Favor airlines with modern, fuel-efficient fleets and strategic expansion plans. Review debt levels, profitability metrics, and cost efficiency to ensure financial health. Lastly, prioritise carriers with strong market share, diverse route networks, and brand loyalty, as these factors drive long-term stability and competitive advantage in a growing aviation sector. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Do aviation stocks offer regular dividends?

Dividends are rare due to high capital requirements and volatile profitability in the aviation sector. Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

What are the factors affecting aviation stocks prices?

Aviation stock prices are influenced by key factors such as crude oil prices and fuel costs, which directly impact operating expenses; passenger demand trends, driven by economic conditions and seasonal travel patterns; currency fluctuations (USD vs INR), affecting aircraft lease payments and fuel imports; and regulatory changes or airport charges, which can alter cost structures and profitability across the sector. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

List of Aviation Stocks in India (2025)

Q: How to invest in Aviation Stocks?

Here’s how you can invest in Aviation stocks - Go to the Tickertape Stock Screener Select the "Aviation" stocks. From the Aviation stocks, analyse and sort the Aviation stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Aviation stocks. Disclaimer: Please do your own research or consult your financial advisor before investing.

Stocks of airline companies, airport operators, or aircraft maintenance providers. Their performance is linked to fuel prices, tourism demand, and economic cycles.

Top Aviation Stocks in 2025

Aviation Stock Screener

Aviation Stock Screener: Analyse & Filter Indian Stocks on Tickertape

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Showing 1 - 8 of 8 results

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	NameStocks (8)↓	↓Sub-SectorSub-Sector↓	↓Market CapMarket Cap↓	↓Close PriceClose Price↓	↓PE RatioPE Ratio↓	↓1D Return1D Return↓	↓1M Return1M Return↓	↓6M Return6M Return↓	↓1Y Return1Y Return↓	↓PB RatioPB Ratio↓	↓Return on EquityReturn on Equity↓	↓ROCEROCE↓	↓Dividend YieldDiv Yield↓	↓Debt to EquityDebt to Equity↓	↓Volatility vs NiftyVolatility vs Nifty↓
1.	Interglobe Aviation Ltd INDIGO	AirlinesAirlines	2,16,316.492,16,316.49	5,436.505,436.50	29.8029.80	-2.84-2.84	-1.53-1.53	0.380.38	24.3824.38	23.0923.09	127.74127.74	15.5815.58	0.180.18	7.137.13	2.092.09
2.	Spicejet Ltd SPICEJET	AirlinesAirlines	4,502.314,502.31	30.3430.34	71.7371.73	-4.74-4.74	-13.83-13.83	-28.93-28.93	-50.75-50.75	-2.32-2.32	--	-463.25-463.25	--	--	3.993.99
3.	AFCOM Holdings Ltd AFCOM	AirlinesAirlines	2,029.632,029.63	815.00815.00	41.9241.92	-0.18-0.18	0.310.31	-14.93-14.93	5.955.95	9.219.21	29.9229.92	27.4027.40	--	0.120.12	4.444.44
4.	FlySBS Aviation Ltd FLYSBS	AirlinesAirlines	976.19976.19	548.45548.45	34.3634.36	-2.78-2.78	3.513.51	22.1922.19	22.1922.19	6.496.49	26.2126.21	25.7125.71	--	0.120.12	5.015.01
5.	TAAL Tech Ltd TAALENT	ConglomeratesConglomerates	921.30921.30	2,920.002,920.00	18.8918.89	-1.23-1.23	-3.55-3.55	-23.04-23.04	-2.72-2.72	4.524.52	26.6326.63	32.8732.87	0.850.85	0.020.02	3.863.86
6.	Taneja Aerospace and Aviation Ltd TANAA	Aerospace & Defense EquipmentsAerospace & Defense Equipments	796.89796.89	314.00314.00	44.0844.08	0.480.48	-13.90-13.90	-18.99-18.99	-33.32-33.32	5.605.60	13.2613.26	15.6115.61	0.800.80	0.000.00	3.623.62
7.	Dreamfolks Services Ltd DREAMFOLKS	LogisticsLogistics	625.28625.28	115.73115.73	9.569.56	-1.41-1.41	-8.30-8.30	-54.87-54.87	-72.89-72.89	2.082.08	24.3724.37	29.7429.74	--	0.040.04	4.104.10
8.	Global Vectra Helicorp Ltd GLOBALVECT	AirlinesAirlines	273.74273.74	199.25199.25	-421.14-421.14	1.901.90	-13.10-13.10	-14.42-14.42	-30.82-30.82	12.8812.88	-3.02-3.02	10.7210.72	--	21.6921.69	4.204.20

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Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Aviation Stocks, based on publicly available information and is sorted by market cap.

Overview of the Top Aviation Stocks

InterGlobe Aviation Ltd

InterGlobe Aviation Ltd operates IndiGo, India’s largest airline by market share. It offers low-cost passenger flights on domestic and international routes, focusing on efficiency and on-time performance.

SpiceJet Ltd

SpiceJet Ltd is a low-cost Indian airline providing domestic and select international flights. It is known for competitive pricing, regional connectivity, and cargo services through SpiceXpress.

AFCOM Holdings Ltd

AFCOM Holdings Ltd engages in aviation support services such as aircraft leasing, maintenance, and operational solutions for the aerospace sector.

Taneja Aerospace and Aviation Ltd

Taneja Aerospace and Aviation Ltd manufactures aircraft parts and airfield infrastructure. It also provides maintenance, repair, and overhaul (MRO) services for both defense and civil aviation.

TAAL Enterprises Ltd

TAAL Enterprises Ltd is a holding and investment company focused on aerospace manufacturing, aircraft maintenance, and engineering services, primarily through its subsidiary TAAL Tech.

What are Aviation Stocks?

Aviation stocks in India encompass shares of companies operating in commercial airlines (passenger and cargo), aerospace manufacturing (e.g., HAL), helicopter services, airport operators, and aviation support services. The sector plays a pivotal role in connecting India's vast geography, supporting tourism, trade, and national defense capabilities.

Market Size of the Aviation Sector in India (as of 2025)

Market Size: The Indian aviation market is estimated at $ 14.78 bn in 2025.
Growth Projections: It’s expected to reach $ 26.08 bn by 2030 (12.03% CAGR), with estimates extending to $ 40.81 bn by 2033 (CAGR ~12.2%).
Traffic Volume: FY24 saw 376 million air passengers, reflecting a 15% YoY increase. Fleet strength stood at ~941 aircraft by March 2025.

Advantages of Investing in Aviation Stocks

Rapid Market Growth

Passenger traffic is rising steadily, driven by domestic and international demand recovery.

Government & Infrastructure Support

Initiatives such as UDAN and airport expansions bolster long‑term sector capacity.

Fleet & Connectivity Expansion

Substantial aircraft additions and doubling fleet size by 2030 create opportunities for carriers and suppliers.

Rising Global Supply Chain Role

India is emerging as a key manufacturing and MRO hub for global aerospace firms.

Economic Spillovers

Strong multiplier effects from aviation to tourism, logistics, and allied industries benefit eligible companies.

Risks of Investing in Aviation Stocks

Volatility & Operational Losses

Despite growth, FY25 saw industry‑wide losses of up to $600 million.

Fuel & Cost Sensitivity

Exposure to fluctuations in fuel, currency, and staffing impact margins.

Safety & Regulatory Oversight

The recent crash signals under‑resourced oversight and potential reputational risk.

Infrastructure Bottlenecks

Airport congestion and limitations in regulatory capacity could constrain growth.

Competition & Consolidation

Market dominated by a few players; intense competition can pressure fares and profitability.

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How to Invest in Aviation Stocks?

Investing in aviation stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in aviation stocks:

Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
Search for Aviation Stocks: Go to Tickertape Stock Screener and search for aviation stocks.
Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top aviation stocks in India.
Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
Invest Through Your Broker: Once you’ve identified aviation stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Factors to Consider Before Investing in Aviation Stocks

Market Share & Positioning

Dominant players (e.g., IndiGo) may navigate industry cyclicality better.

Fleet Efficiency

Modern, fuel-efficient aircraft help reduce operational costs.

Financial Health

Profitability, manageable debt levels, and resilience against market volatility are crucial.

Growth Strategy

Expansion plans, strategic alliances, and a growing cargo business can enhance long-term prospects.

Regulatory & Safety Track Record

Strong compliance and a good safety record reduce risks in this highly regulated sector.

Macro & Input Costs

Fluctuations in fuel prices, currency movements, and broader economic cycles directly impact profit margins.

Conclusion

India's aviation sector is on an impressive upward trajectory, experiencing rapid passenger growth, robust future demand, infrastructure expansion, and rising manufacturing relevance. However, challenges like operational losses, regulatory constraints, safety oversight, and high cost volatility add complexity. Therefore, before investing in aviation sector stocks, it is important to consult a financial advisor.

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Frequently Asked Questions on Aviation Stocks

What are Aviation Stocks?
Aviation stocks represent airlines, airport operators, aircraft manufacturers, and related service providers in the aviation industry.
How to invest in Aviation Stocks?
Here’s how you can invest in Aviation stocks -
1. Go to the Tickertape Stock Screener
2. Select the "Aviation" stocks.
3. From the Aviation stocks, analyse and sort the Aviation stocks using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Aviation stocks.
Disclaimer: Please do your own research or consult your financial advisor before investing.
What is the future projection of aviation stocks?
Sector Outlook
1. Passenger traffic doubling by 2030: India’s air travel market is anticipated to reach ~300 million domestic passengers by 2030, marking a 2× increase from 2023 levels.
2. Massive aircraft orders fueling fleet expansion: Between IndiGo and Air India, over 1,700 new aircraft are slated for delivery, with S&P Global citing ~$150 bn allocated for these acquisitions plus ~$24 billion for airport infrastructure.
3. Airport network growth: The count of airports is expected to double, rising from ~148 to ~300, creating additional infrastructure demand.
4. Domination of key carriers: IndiGo and Air India remain dominant forces in domestic and international segments, strengthening their market leadership.
5. Sectoral growth rate: Aviation industry is projected to grow at 10-15% annually, aligning with broader industry forecasts that estimate similar CAGRs for India's aviation market (e.g., ~11.5% CAGR from 2025 to 2032)
Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.
How to choose aviation stocks for investing?
To choose aviation stocks, assess Passenger Load Factor (PLF) trends, ideally above 80% and improving, indicating strong demand and efficiency. Favor airlines with modern, fuel-efficient fleets and strategic expansion plans. Review debt levels, profitability metrics, and cost efficiency to ensure financial health. Lastly, prioritise carriers with strong market share, diverse route networks, and brand loyalty, as these factors drive long-term stability and competitive advantage in a growing aviation sector.
Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.
Do aviation stocks offer regular dividends?
Dividends are rare due to high capital requirements and volatile profitability in the aviation sector.
Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.
What are the factors affecting aviation stocks prices?
Aviation stock prices are influenced by key factors such as crude oil prices and fuel costs, which directly impact operating expenses; passenger demand trends, driven by economic conditions and seasonal travel patterns; currency fluctuations (USD vs INR), affecting aircraft lease payments and fuel imports; and regulatory changes or airport charges, which can alter cost structures and profitability across the sector.
Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.