India city Mumbai covid-19 crisis travelers India city Mumbai

As IndiGo reports Q4 earnings today, all eyes on journey ahead for stock

Reading now: 873
www.livemint.com

MUMBAI: The aviation industry is one of the worst-affected sectors globally owing to the covid-19 crisis. In India, domestic travel restrictions have been eased in a phased manner recently.

Indeed, how demand pans out in the coming days would be a key factor in determining the fortunes of the sector. In that backdrop, commentary from the InterGlobe Aviation Ltd’s management during its March quarter earnings call, scheduled on Tuesday evening, would be crucial.

InterGlobe runs the IndiGo airline, India’s largest by market share. Investors will watch what IndiGo’s management says about the demand outlook.

Further, any indications on fare movement would be keenly followed. Management commentary on costs such as aircraft lease rentals and

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA