We are presenting below the load factor of the airlines for the month of November 21 and you can see that Indigo has been able to maintain the leadership position.
Indigo is followed by SpiceJet where it is maintaining a load factor of more than 10%.
This is important for SpiceJet as SpiceJet is trying to recoup its losses in the passenger segment.
Seeing the state of Indigo we may expect that Indigo may get coverage from the brokerage houses as a buy recommendation in times to come.
With the opening of the lock down and people traveling worldwide or in India Indigo is going to be the biggest beneficiary
Moreover Indigo has a habit of cost-cutting measures and with large number of flights we have seen them multitasking and saving money on cost per flight
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