Purple patch punctured? The good, bad and ugly of Go First Airlines bankruptcy
Go First’s bankruptcy may lead to higher airfares due to the decrease in competition, while investors in other airline stocks, such as InterGlobe Aviation, SpiceJet, Global Vectra and even grounded airline Jet Airways, could benefit. Analysts see the potential exit of Go First as margin positive for sector consolidation as it would mean one less player in the market.
