Not sure why the shares would spike on Friday ? Maybe overseas investors simply saw the headline "Transtasman Bubble" and that moved the market ?
Maybe talk of another round of U.S Govt support for American carriers prompted overseas buying of AIR...but the NZ Govt's "support" for AIR is very different to other countries.
As for the new travel bubble...well that's very different to what some might have imagined too
https://www.nzherald.co.nz/business/...ectid=12370073
Hands up all those who would choose to go to Australia and are prepared to pay $4,000 on their return to spend 14 days in quarantine with their partner in a small hotel room in a hotel with lots of other people coming from different parts of the world that have been heavily impacted by Covid ? That's a "highly attractive" proposition isn't it :eek2:
Sometimes spending just one day in a large 300 sq meter house is a challenge with Mrs Beagle...hope she's not reading this lol