Interestingly our own top expert suggests initial modelling shows Covid 19 won't even peak for 5 months !
https://www.msn.com/en-nz/news/natio...cid=spartanntp
If it doesn't peak till August how long is the tail, another 5 months ?...then there's the question of how long it will take after that for the public to truly feel safe to fly again ?, maybe sometime in mid-late 2021 ?
I love the suspense of the possibility of a good corporate train wreck, (I am a bad dog), but there's so many to watch on the NZX and this one looks like a forgone conclusion already.
A cynic might suggest this so called rescue plan has been clobbered together with the express intention of nationalising the airline at the cheapest possible price in due course after minority shareholders have been wiped out ! One supposes they won't want to make it look too obvious so they will follow the previous blueprint and step in at 25 cents...again.