In its latest report, Jefferies has reaffirmed a ‘Buy’ rating on Interglobe Aviation (IndiGo), setting a target price of ₹5,225. Following a management meet, the firm highlighted key takeaways that point to strong growth prospects for the airline in India.
The management emphasized the favorable tailwinds driving aviation growth in the country, underscoring their continued focus on maintaining cost leadership and ensuring timely fleet orders amidst industry consolidation.
One of the primary growth levers identified is the international segment, with IndiGo expanding its new fleet and routes. The airline is also ramping up several digital initiatives, including boosting direct ticket bookings and launching hotel booking services on its website, enhancing customer convenience and driving new revenue streams.
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