New Delhi, June 9 -- Shares of InterGlobe Aviation, which operates IndiGo, climbed more than 4% on 9 June after several brokerages reaffirmed their positive outlook following the airline's Investor Day presentation. Despite concerns around rising fuel costs and aircraft delivery delays, analysts remain optimistic about IndiGo's long-term growth strategy.

According to JM Financial, the Investor Day focused less on near-term earnings and more on IndiGo's vision for FY30. The airline aims to transform itself from a dominant domestic carrier into a globally significant aviation platform.

Key FY30 targets include carrying around 200 million passengers, up from 123 million in FY26; operating more than 3,000 daily flights, up from about 2,200 ...