Jet grounding gives wings to other domestic airlines
  • WebDesk BTVI
  • Jul 16 2019

Santosh Hiredesai, Research Analyst at SBI Capital, says after April numbers went to a negative territory for Aviation sector, domestic passenger traffic rebounded in May. He says it will take some time for the aviation sector to get back to double digit growth after the grounding of Jet Airways. He says in the absence of Jet, IndiGo and SpiceJet are adding massive capacity, and adds that this trend will continue for some time.