Oil down some 30% may help AIR a little?? All depends on AIR's hedging I guess. (not that I hold AIR - just watching with interest.)
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Oil down some 30% may help AIR a little?? All depends on AIR's hedging I guess. (not that I hold AIR - just watching with interest.)
I wasn't referring to airlines or any specific airline mate...but I know you are superstitious about these things so will try and be sensitive to your idiosyncrasies :p (thank goodness for spell checker with that last word)
Interesting article behind the paywall on N.Z. Herald just released by well respected aviation sector journalist Grant Bradley
https://www.nzherald.co.nz/business/...ectid=12314920
Copyright limits me to one or two sentences as I understand it from what Vince has mentioned before.
Best sentence is this which gives a very interesting insight into the degree of demand collapse. "Last week one carrier was reporting 50 per cent no-shows; passengers not turning up. While those are tickets sold, it illustrates the fear of flying".
If a whopping 50% of people are not turning up when they have already paid for their tickets it begs the question how new sales are going :eek2: