There's one Indian airline stock in world's top 10, other 9 are Chinese
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Chinese carriers are in a sweet spot, relative to their Covid-battered peers at least. The country's 1.4-billion-strong population is eager to travel, the yuan is rallying and oil is getting cheaper. A Bloomberg gauge of the sector shows nine of the world's top 10 airline stocks over the past three months are Chinese, with all but Air China Ltd. shares posting double-digit gains. The odd one out is IndiGo.