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    A
    Aviation
    SECTOR | 18 Mar 2023

    Supply tightness portends better profitability

    buy
    Aviation
    by ICICI Securities Limited
    ICICI Securities Limited
    We have maintained a tight supply outlook on the Indian Aviation within domestic segment in near to medium term driven by (1) replacement cycle by big players like IndiGo and Tata group, (2) weaker balance sheet for smaller airlines post covid and (3) internationalisation of Indian airlines.
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