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ICRA reaffirms IndiGo’s short-term, long-term rating

18 Aug 2021 Evaluate

Credit rating agency -- ICRA has reaffirmed InterGlobe Aviation’s (IndiGo) short-term rating at ‘A1’. The Long-term rating of the company has been downgraded by one level from ‘A+’ to ‘A’, while the outlook remains negative.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.

Peers
Company Name CMP
Interglobe Aviation 4977.80
SpiceJet 9.45
TAAL Tech 1191.00
Taneja Aerospace 366.00
Global Vectra Helico 137.35
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