While results have been good, not sure how to read the future.
-
Non-lounge services needs to grow which are supposedly high margins.
-
With banks shifting to spend based, a good number of “free” seekers having multiple cards most likely will go away. Counter argument can be with growing income and spending power, there are many who will still spend and use the benefits.
-
Moreover its low margin and there is rumor/news ? about Adani might venturing into this given they have few airports here
Dis: Wait and watch for now
| Subscribe To Our Free Newsletter |
