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Jet Airways crisis, Boeing 737 Max grounding will continue to weigh on traffic growth, says HSBC Global Research

Updated : March 22, 2019 08:54 AM IST

Domestic air traffic (passengers) grew 5.6 percent YoY, the slowest in 5 years due to the increased airfares, said HSBC Global Research.
The brokerage has initiated ‘hold’ rating on SpiceJet and a ‘reduce’ target on Jet Airways with a price target of Rs 79.50 per share and Rs 190 per share respectively
Jet Airways crisis, Boeing 737 Max grounding will continue to weigh on traffic growth, says HSBC Global Research

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