Aviation Q3 Results Preview - Improved Yields, Load Factors To Drive Profits: Prabhudas Lilladher

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.In Q3, Indian aviation industry’s domestic passenger traffic is expected to improve ~18% QoQ steered by a seasonally strong quarter. The industry delivered an impressive post-Covid recovery, as monthly passenger traffic nears pre-Covid levels. International traffic is also witnessing month-on-month improvement, ever since resumption of international operations in Mar-22. We expect Interglobe Aviation Ltd. to post a profitable Q3 FY23 (profit after tax ~Rs 7 billion) after reporting loss in H1 FY23 (loss of Rs 26 billion), on the back of-improved yields (Rs 5.35 versus Rs 5.15 in H1) and load factors (84% versus 79.3% H1) and slight correction in crude prices (down 8% QoQ) coupled with increased pax traffic. The company will benefit in medium to long term from demand recovery along with capacity deployment, network expansions, commodity softening and better than industry cost structure. .Click on the attachment to read the full report:.Media, Education, Travel Q3 Results Preview- Demand Momentum In Luggage, Hotels Is Intact: Prabhudas Lilladher.DISCLAIMERThis 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.

Aviation Q3 Results Preview - Improved Yields, Load Factors To Drive Profits: Prabhudas Lilladher

In Q3, Indian aviation industry’s domestic passenger traffic is expected to improve steered by a seasonally strong quarter.

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