All in the timing - anyone who bought airlines in 2010s did very very well.
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surely while its to early to talk about a recovery in this business. This government is simple not going to be able to move this copmany back into a profitable state. Not one single member of the government is business friendly and typhoon tywford or what ever his name is, is simple a hopeless person to be anywhere near business processes. Beagle was right to short this stock and i should have sold earlier and joined him.. But there will come a day when this might be a tradeable stock rather than an investment. It may be 5 years away but it will return from the dead like Lazarus .
To be fair, it was different & the future looked promising.
However, the biggest threat to the airlines as I said a few years back after Ebola, was always going to be a future pandemic.
Can't run your life totally avoiding the risks of 1 in 100 year events like pandemics & earthquakes though.
Different factors at play but the same risk. No-one was foreseeing Covid-19 but budget airlines were around and gaining market share, not in the USA perhaps but cutting swathes in the profitability of many bigger airlines.
My sister is a director of a U K broking firm, told me once, DO NOT HOLD AIRLINE COMPANIES , "only trade them", I didn't own any now I understand , so does Buffet !!
Not an environmentalist but I've always thought a carbon tax would be the thing that kills airline profitability in the long term. I seem to recall AIR alone was responsible for about 5.2% of New Zealands greenhouse gas emissions.
You can't say that Winston Peters doesn't have Air New Zealand's interests at heart: https://www.stuff.co.nz/travel/news/...ghts-to-hobart
Tasmania is certainly on our hit list, and it'd be good not to have to fly via MEL, however this isn't WP's idea so I'm not sure what the implication is that he has Air NZ's interests at heart?
Share price should take off with all this talk about TT travel sooner than later
Rob will sort it out...no worries
Take off in which direction though? Talk of TT services could provide a short term boost, but the underlying financials don't IMO support this SP, even with some TT capacity.