IndiGo Q1 preview: Analysts expect loss to narrow despite high ATF prices

InterGlobe Aviation Q1FY23 results: Analysts expect IndiGo's net loss to narrow sharply due to increased air traffic

IndiGo Q1 Preview: The April-June quarter (Q1) of fiscal year 2022-23 (Q1FY23) may prove to be the best post-pandemic years for airlines as domestic air traffic nears pre-Covid levels amid a bounce back in leisure travel, analysts said.
 

Brokerages expect losses for the industry to narrow down sequentially, despite nearly 40 per cent quarter-on-quarter (QoQ) growth in aviation turbine fuel (ATF) prices, on the back of increase in operation scale and yield improvement. 
 

However, load factors are impacted compared to pre-Covid levels due to sharp rise in ticket prices. Further elevated fuel prices could put pressure on Ebitda (earnings before