All set to expand international operations

Company
02 May 2024
5 Min read 
  • InterGlobe Aviation plans to expand international operations starting in CY27.
  •  The company has placed an order for 30 Airbus A350-900 aircraft.
  •  Indian aviation market offers substantial growth opportunities for domestic airlines.
  •  INDIGO aims to operate 550-600 aircraft by CY30.
  •  The stock is trading at ~21x FY26E EPS of INR188 and 8.3x FY26E EV/ EBITDAR.
  •  The Indian aviation market is highly underpenetrated with significant growth potential.
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