Valuations reflecting multiple positives for airlines major IndiGo

 https://community.nicic.gov/node/62968

 IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads. IndiGo's capacity ASK (available seat kilometre) has grown at an annual rate of 11 per cent over the past five years. It has an order book of 980 aircraft and fleet size is expected to hit 600-plus by 2030.

https://community.nicic.gov/node/62968

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