Airlines Deals

Rajesh Jain of Pranav Securities is of the view that one must own Jet Airways if one is looking at aviation as one of the plays in portfolios.

Jain told CNBC-TV18, “Jet Airways essentially lies in the strength of its product and its service and the fact that it has successfully implemented most of its expansions, forays into new geographies as well as the frequency and the earnings. There is severe discount pressure but if one is a flyer, one would know the load factors in Jet Airways continue to be the highest in the industry.”

He further added, “Despite competition as a retail investor, one should always be looking at the core plus or the comparative advantage or competitive advantage that the stock brings vis-à-vis its competitors. Over a decade track record of Jet Airways, vis-à-vis settled recently launched discount airlines, one can watch to time one’s buy but Jet Airways is certainly something one must own if one is looking at aviation as one of the plays in portfolios.”

Disclosure: Analyst and his clients have positions in the above stock.