BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
For Q2 we expect domestic passenger traffic to decline ~8-9% QoQ, led by seasonal nature of Indian aviation industry. However post-Covid, industry recovery has been highly impressive with stable traffic at around 90% pre-Covid levels.
International passenger traffic has also been on an uptrend, since resumption of international operations in March 2022. However, some concerns like high fuel prices and depreciation of Indian rupee still hover the industry.
Despite healthy recovery in passenger traffic, there remains financial pressure on earnings and liquidity profile of airlines. In the near-term, entry of low-cost carrier - Akasa Air and relaunch of Jet Airways India Ltd. will intensify competition.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR