The CEO is still pretty new to the airline industry. Quite different to retailing
So was Luxon. Drove the Company to record profits. Not bad for a soap salesman.
And now Foran is driving an overall leaner, meaner, more efficient machine.
?
Looking like it's been tracking back down to 0.60
Thoughts now guys? As per my previous comments in thread now at 0.60.. Where to from here, 0.60 hold or breaking back down to 0.53 for second cat bounce.
I can't see how they would be making any money with all these flight disruptions and having to put people up in Hotels overnight.
International travel still looks to be problematic .....No prospect of a dividend for years , there has to be something better to invest in .
DISC: No position held either long or short.
Hadn't looked at their Operating Stats for a while
June report makes miserable reading
Surprised that domestically passenger numbers for full year are down 16% on last year and 40% lower than in 2019. Thats a huge drop, like close to 5 million less passengers
Only redeeming factor is RASK is up 29% from 2019 - fares a lot higher - making it expensive to fly these days
Originally Posted by Vitamin_A
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