Investors should buy Malaysian aviation stocks such as AirAsia Bhd and Malaysia Airports Holdings Bhd as they will benefit from rising demand for air travel, according to Maybank Investment Bank Bhd.
The aviation sector is “entering the fourth year of the industry cycle, a period renowned for strong profit growth and margin expansion,” Wong Chew Hann, an analyst at Maybank Investment said in a report today. “Enter while you can.” -- Bloomberg
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