World's top 10 airline stocks are all Chinese, except IndiGo
A Bloomberg gauge of the airline sector shows nine of the world’s top 10 airline stocks over the past three months are Chinese, with all but Air China shares posting double-digit gains. The odd one out is InterGlobe Aviation, which operates India’s biggest carrier, IndiGo. The top performer is low-cost carrier Spring Airlines Co., which has climbed 22%. Chinese carriers haven’t been immune to the crisis, but they’ve managed to recover much faster thanks to a vast domestic market and the removal of travel curbs as the outbreak there was brought under control.