Wednesday, October 15, 2014

Indigo buys new planes

That is indeed a smart move in an industry which is assayed with doubts, buying 250 aircraft is a move that should invite attention. The sale is supposed to be $ 26 billion worth; and is a shrewd move to penetrate the growing Indian market. Indeed a bold , move. '
Although it did not lift Airbus shares as any such news should have, the faith in the burgeoning Indian market is so optimism inducing.
 Europe's stagnation worries have affected investors and the sentiment still  awaits Europeans getting their act together. That seems unlikely and so sellers continue to outnumber equity markets. Flight to safety  is a bird right!!!

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