Mumbai: HSBC Securities said the market is far too optimistic about the prospects of the aviation sector after the suspension of Jet Airways flights and is ignoring various longer-term risks. While downgrading SpiceJet to ‘reduce’ from ‘hold’ and maintaining a ‘hold’ on Indigo, the brokerage said the rise in airfares because of Jet going out […]
source http://www.ncairways.co/aviation/market-far-too-optimistic-about-aviation-sector-says-hsbc-securities/
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