Brokers' take
Aviation sector | Underweight
OCBC Investment Research, April 13
THE recently surfaced safety concerns over Thailand's aviation industry resulted from issues found through the audit conducted by United Nation's International Civil Aviation Organisation (ICAO). The unsatisfactory audit result triggered responses, including bans on new charter flights and additional ramp inspections by countries in the region.
We believe the impact on Singapore-based carriers from the bans of approvin…
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