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Here is our monthly India update. We introduce a new face at Sarin & Co. and discuss IndiGo’s evolution from LCC to hybrid, the demise of Go First, and Air India’s slow progress.
Additionally, we use our India domestic data model to illustrate India’s rapidly maturing air travel market. There are implications for India’s airlines – they need to upsize to MoM to handle the expected traffic growth. And, crucially, the case for Embraer adding a FAL in India is potentially bolstered if Indigo selects the E-175 for its regional plans.
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