for a company which is
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99% dependent on service fees charged from customers, and all revenue only from Airlines
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Losing market share the moment they started charging service fees
- in a slow avaiaton growth scenario ( 5% is q4 domestic growth)
- trying to get in to corporate which is a very long cycle and extremely competitive
- buying hotels from the money generated which is cyclical as well as a very different business to run
- has almost nil interest from any of the mutual fund in India except LIC
- has no interest from FII barring one
- will continue to lose share in domestic Aviation OTA market purely because of behemoth like MMT and 5-8 more OTA apps becoming stronger
- EVen indigo is going DIRECT way breaking parity as well attracting people to their own app
Easemytrip will have disastrous Q4 results, would be losing market share.
