Download full report with analyst certification and important disclosures
Apr 26 2023, 10:30 IST/BST
Dalata’s remarkable recovery from the pandemic has been driven by a combination of its operational excellence and supportive macro and consumer trends. Schedule data for air travel paint an encouraging picture for the summer ahead. Coupled with this, the headwinds from energy costs in particular are subsiding. As a result, we again upgrade forecasts across the horizon – making the valuation look particularly appealing.