ICICI Securities: Aviation Sector 2021 Outlook - Problems Shifting From Demand To Supply
An aircraft takes off from Netaji Subhas Chandra Bose International Airport in Kolkata, India (Photographer Arco Dato/Bloomberg)

ICICI Securities: Aviation Sector 2021 Outlook - Problems Shifting From Demand To Supply

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

The Covid-19 impact on airlines was dominated by a regulatory clampdown on flying in the first half of FY21 while gradual opening up led to positive demand recovery from September 2020.

However, going into CY21, there is a possibility of oversupply as capacity limits are gradually eased and aircraft lessors continue to work with all airlines to restructure lease tenures and payments.

Crude rally can pose additional pressure on profitability as well as volumes.

Click on the attachment to read the full report:

ICICI Securities Aviation Outlook_2021.pdf

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