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As per the fees and charges mentioned for various services on the airline's website, selecting a window or aisle seat in the front row of an A321 aircraft having 232 seats will cost Rs 2,000, while the amount is Rs 1,500 if it is the middle seat.
On the technical charts, the 200-day moving average of the stock stood at Rs 2464.44.
Historical data show that an airline gains market share or improves margins amid weak competition. This was true for InterGlobe as well. Apart from expanded market share, its operating margin before depreciation and amortisation (Ebitda margin) improved to 31.2% in the June 2023 quarter from 20.9% in the March 2023 quarter despite buoyant crude oil prices at the time. Factors such as fund crunch, delays in delivery of planes and relatively weak balance sheets of rivals contributed to InterGlobe's performance.
India Business News: InterGlobe Aviation, the owner of IndiGo, is expected to face challenges in gaining market share in the near future due to intense competition. IndiGo
Historical data shows that an airline gains market share or improves margins amid weak competition. This was true for Interglobe as well. Apart from expanded market share, its operating margin before depreciation and amortisation (EBITDA margin) improved to 31.2% in the June 2023 quarter from 20.9% in the March 2023 quarter despite buoyant crude oil prices at the time.