Tag: aviation

The aviation sector is facing a double whammy of high crude oil prices and declining passenger traffic in Q2FY24. This could impact aviation companies' near-term profitability if they do not have the right pricing power mix. Analysts at Kotak believe that the shift to international travel could limit pressure on yields, especially for Indigo, which dominates 63% of the domestic market share. However, analysts at IDBI Capital suggested investors warrant caution on the overall sector in the near-term. The aviation sector is facing a double whammy of high crude oil prices and declining passenger traffic in Q2FY24. This could impact aviation companies' near-term profitability if they do not have the right pricing power mix. Analysts at Kotak believe that the shift to international travel could limit pressure on yields, especially for Indigo, which dominates 63% of the domestic market share. However, analysts at IDBI Capital suggested investors warrant caution on the overall sector in the near-term. The aviation sector is facing a double whammy of high crude oil prices and declining passenger traffic in Q2FY24. This could impact aviation companies' near-term profitability if they do not have the right pricing power mix. Analysts at Kotak believe that the shift to international travel could limit pressure on yields, especially for Indigo, which dominates 63% of the domestic market share. However, analysts at IDBI Capital suggested investors warrant caution on the overall sector in the near-term.