Not really a "craze" though is it. I think knowing what operating profit would have been without specific Covid 19 costs is useful information as hopefully that gives investors a better handle to assess fair value based on normalised profit. (One would hope Covid 19 costs won't be with us indefinitely).
So we are all looking forward to AIR using this measure then?
Iceland’s overall approach (not just for airlines) seems more pragmatic than our molly coddling approach
While we seem to keep subsidising and giving loans to businesses that inevitably will go broke iceland appears to ‘
“We may need to make some sacrifices,” Bjarni warns. “Losing companies that are inefficient and not working will reduce state intervention.” It is his belief that private enterprise will “stimulate” the economy and “create new jobs” if left to its own devices.
Iceland used to these economic crashes ....one of most affected countries post GFC
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
So we are all looking forward to AIR using this measure then?
LOL
Originally Posted by winner69
Iceland’s overall approach (not just for airlines) seems more pragmatic than our molly coddling approach
While we seem to keep subsidising and giving loans to businesses that inevitably will go broke iceland appears to ‘
“We may need to make some sacrifices,” Bjarni warns. “Losing companies that are inefficient and not working will reduce state intervention.” It is his belief that private enterprise will “stimulate” the economy and “create new jobs” if left to its own devices.
Iceland used to these economic crashes ....one of most affected countries post GFC
Molly coddling to unions lead by Savage will end badly. Iceland definitely have the right idea. Get efficient and get real or get gone. AIR (contrary to popular belief) should not be run as a social welfare organisation for the elite.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Molly coddling to unions lead by Savage will end badly. Iceland definitely have the right idea. Get efficient and get real or get gone. AIR (contrary to popular belief) should not be run as a social welfare organisation for the elite.
Heard this morning, Australian will discuss the trans Tasman bubble no earlier than July. News to me, may have already been put out there....
Heard this morning, Australian will discuss the trans Tasman bubble no earlier than July. News to me, may have already been put out there....
Well, the statement from Scott Morrison a few days ago was that he "could see the trans-Tasman travel bubble in operation as early as July". There's no reasons why discussions can't be held earlier, so I'm not sure whether this has indeed changed or not.
Well, the statement from Scott Morrison a few days ago was that he "could see the trans-Tasman travel bubble in operation as early as July". There's no reasons why discussions can't be held earlier, so I'm not sure whether this has indeed changed or not.
Originally Posted by Beagle
Reply With Quote
Bookmarks