Improving traffic, strong yields support IndiGo's flight path
Business Standard|December 09, 2021
Rising crude oil prices, however, could offset top-line growth and impact margins
RAM PRASAD SAHU

The stock of the country's largest airline, InterGlobe Aviation (IndiGo), has risen 7 per cent over the last couple of trading sessions on expectations that strong passenger volumes, improving yields, and no restrictions on sale of stake by promoters would boost prospects and investor sentiment.

Analysts at Credit Suisse, who have an "outperform” rating on IndiGo, believe that the company could turn profitable in the December quarter on the back of strong yields and traffic improvement with load factors for the sector at near pre-Covid levels.

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