Nischal Maheshwari of Edelweiss shares his view on aviation space.
Maheshwari told CNBC-TV18, "Aviation space, I think what has been allowed and what are the practical problems? The good part about it is that the demand is still strong on the ground, if you look at it, the kind of growth, which we had seen especially on the number of seats and the yields that has continued to be pretty positive."
He further added, "The only negative remains to be oil prices out there and the capacity. I think capacity after Kingfisher has brought it down by around 15-20% sort of goes out of the system, but definitely still on the front of the fuel prices I believe this is more sentimental positive than actually showing up in the profits in the next one or two quarters."
