Bottom line to your question - no. I’m expecting the Govt to intervene in the short-mid term and increase their equity to keep it afloat, on top what AIR choose to do. The CEO’s reputation gives me confidence.
Maybe in three years we move back to BAU. As with neolib policy the Govt will reduce its position at a profit, but from there, who knows.
Can AIR survive on a domestic service? I think it will tide us over until we can resume international tourism. I would expect the industry to evolve to the circumstances and although it looks all doom and gloom now, globalisation will continue. The share market will adapt to the ”new normal”.
Although I’m only having a “dabble” here I’m young enough to let it sit. When I checked my random buy in Jan there was a big 405% next to it so I assume that means something good. Pity I lost my FIN so it’ll just sit there for another 8 years.