We increase IndiGo's FY22/FY23 earnings by 7.5%/ 7.1% and assign Accumulate rating given 1) sustained scale up of operations 2) broad based recovery in domestic demand aided by non-metro cities and 3) improving load factors on the back of rising consumer confidence IndiGo's management remains optimistic about sustainability of demand momentum and expects to operate at 75-80% of LY capacity in 4Q21 while...