Clear skies ahead: Strong long-term gains for IndiGo as demand rises

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Post-merger of Air India and Vistara, the top two players will hold around 90 per cent domestic market share together.

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There could be short-term blips in profitability caused by possible spikes in fuel prices, and there is seasonality at play.

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Category: BusinessFinance

Markets: India

Topics: Indian aviation industry growth IndiGo share price target Low cost airline market India Air India Domestic air travel demand in India Vistara Indian airline stocks to buy IndiGo financial performance IndiGo IndiGo future prospects Airline industry recovery post covid Investment in IndiGo stock Indian airline industry outlook Compass

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 21:22:15 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 170 words

Reading Time: 1 minutes read

Sentences: 10 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21444460

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 276 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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