Originally Posted by
Beagle
A very good question. I think AIR did themselves no favors letting Cam eventually try and clean up the public relations mess. Really that's the CEO's job to front foot a lot sooner than they did. For much of this year they have looked like a directionless bird with severely clipped wings flying around in turmoil contemporaneously hemorrhaging staff, money, credibility and reputation.
They face a very long, arduous and steep climb back against unprecedented headwinds to try and eventually attain some sort of equilibrium where they can comfortably attain a new cruising altitude which I suspect will be quite significantly lower than before.
I fail to see how this is an investable proposition.