CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
InterGlobe Aviation Ltd plans to build its 2nd MRO in ______
A
Pune
B
Kolkata
C
Bengaluru
D
New Delhi
Explanation: 

Detailed explanation-1: -The key valuation ratios of Interglobe Aviation Ltd’s currently when compared to its past seem to suggest it is in the Fair zone.

Detailed explanation-2: -Welcome to InterGlobe Aviation (IndiGo) We are India’s largest passenger airline with a market share of 54.9% as of December 2022. Our journey began in August 2006 on the foundation of three pillars – offering low fares, being on-time, and delivering a courteous and hassle-free experience.

Detailed explanation-3: -Analysts see IndiGo return to profitability in Oct-Dec aided by traffic growth, modest decline in fuel cost. While brokerage Prabhudas Lilladher estimates IndiGo to report a net profit of about Rs. 700 crores, ICICI Securities estimates the same at about Rs. 960 crores, in Oct-Dec.

There is 1 question to complete.