Broker research reports for stocks which have been upgraded by brokers. Both recommendation upgrades,
as well as share price target upgrades are available for companies in Industry - Airlines.
Broker Research reports: latest Upgrades
for Industry - Airlines
INDIGO, in the last week of Apr’24, placed its first order for wide-body aircraft with the aim of expanding its long-haul international operations starting in CY27
We maintain our positive stance on InterGlobe Aviation (IndiGo) on the basis of a conducive supply-demand balance in India’s domestic aviation. Management guidance on volumes in FY24 remains firm (>15% growth in ASK), which is reassuring in the context of the global engine supply crisis.