Better time for SpiceJet seen in FY11: Bonanza Portfolio Limited

Avinash Gupta, Assistant Vice President Research Equity, Bonanza Portfolio Limited in an interview with ET Now talks about SpiceJet.

What is your call on SpiceJet?

SpiceJet is the one company which has turned in profits for the last year. They look to be strong among the aviation companies and the outlook for the aviation sector is improving in terms of higher business load, traffic as well as cargo and the fuel prices are also expected to remain at moderate levels. Taking these things into account we see a better time for SpiceJet in FY11.