I have a couple of questions. Firstly, you talked about ex fuel ex forex guidance of mid - to high- single digit. Of course, it's extremely volatile. But is it possible to give something on ASK growth for full year as well? You talked about the first quarter at 3% to 4%.
Questions across 6 calls
Prateek Kumar
Jefferies India
InterGlobe Aviation Limited
Congrats for the results. My question is around you said that you're looking to accelerate international, while still your PRASK guidance remains flat to positive year -on-year. There is a general perception or understanding that international yields are li ke kind of weaker versus domestic. So that PRASK guidance kind of factor your accelerated addition into international side?
Sure. And one other question is kind of related. So, we have like now an almost 1 year of launch of Stretch seats on domestic routes. How is the unit revenue like sort of panned out on a blended basis on that segment versus your ongoing economy segment in domestic routes? Or maybe a blended average for company?
Good evening, everyone and congrats for great results. I have one question on yields , our expansion into international routes, it seems to be like taking priority versus domestic growth in terms of ASK allocation. So, is this coming at a lower yield versus total average and has a depressing impact on overall yield performance? That is my first question, and my other question is on your a ncillary revenues of 22% growth , is there a hotel segment side to contribute meaningfully to that performance for the company?
Thank your Sir, a nd the other question was on, ancillary revenues and contribution from New Digital that include hotel segment?
My question is regarding your revamp on website and your app. So, how have you seen like the hotel bookings. We see that you have started hotel booking. So, how has been the ramp -up there on the platform? And what is the revenue model here as the busines s is probably powered by external platform. This is the first question. And other related question is how much of your site bookings as a percentage are like sort of happening direct on your platform? And is it something where you also see a significant business for yourselves in terms of going forward. And we see that pricing at your direct booking is like at least 2% to 5% lower versus what we see in another platforms. So, how do you see this business going forward?
Some of your IndiGo Ventures fund might also be investing in these companies who might be helping powering these direct bookings or hotel bookings on the website?
My first question is on fuel charge. So, what is the understanding on this fuel charge which we introduced this year versus like we didn't have this fuel charge last year when also ATF prices were higher at least till the mid of the year, and also because the competit ion has not like followed suit with the rolling the fuel charge like yourself, so has this have any impact on base fare adjustment for yourself?
So, this fuel charge suggested like some 10% increase in yields as such, but not very clear at what was the base price of ATF, it was considered like while deciding. So, let's say ATF price dropped below Rs.80,000 per kiloliter, then we like to sort of get rid of this fuel charge or how does that work?
The Indian Hotels Company Limited
Good evening, sir and congrats for great results. First question, on management fees income, which has grown probably 15% in first half year-on-year, do you see this number going at much faster rate in next year and year after because of much faster growth in rooms, maybe 20%-plus kind of number? That is the first question.
Sure. The question is like if you see some of the other results in other sectors, including consumer and discretionary sectors, there's some undercurrent o f some kind of slowdown in consumer spending, has been observed, which is clearly not appearing like the case -- in case of hotels. So do you see any like sort of sense of -- I mean it's clearly not seen in hotels. Why is like there is a disconnect versus like some of the other sectors like sort of reporting? Or like is this really a supply-demand mismatch, which you talked about, that is helping the hotel sector in terms of the pricing?