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ICICI Securities Report
We attended the 18th anniversary event of InterGlobe Aviation (on August 05, 2024) wherein the company outlined its new initiatives that will define its next phase of growth as it aims to further consolidate its position as one of the leading global aviation players.
New initiatives include:
Announcement of the characteristics of 'IndiGo Stretch' - a tailormade business product on busiest and business routes of the country,
launch of its much-awaited loyalty programme, ‘IndiGo BluChip’ and
revamped website and mobile application to deliver a seamless and user-friendly interface for direct channels.
Risks: Adverse impact on spreads from new initiatives and/or decline in demand.
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