Expect shift of market share from IndiGo: Mayur Milak, IndiaNivesh Sec
  • WebDesk BTVI
  • Jul 22 2019

Mayur Milak from IndiaNivesh Securities discusses the condition of aviation sector, with focus on June aviation data and Q1 earnings of airlines. Milak says Interglobe Aviation surprised with a positive sentiment in terms of yields. He says, going forward, he doesn’t expect soft yields from IndiGo, but expects shift of market share from Jet to IndiGo and SpiceJet is likely to continue for some time. He recommends ‘Sell’ on IndiGo.