If one had $10,000 AIR shares today I wonder what that $10,000 will be in a few months ….bearing in mind one might be tempted to put more cash in to get cheap shares at cap raise time.
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If one had $10,000 AIR shares today I wonder what that $10,000 will be in a few months ….bearing in mind one might be tempted to put more cash in to get cheap shares at cap raise time.
On top of not having to quarantine or isolate. I for one would like to see pre-departure/arrival testing be either free or heavily subsidised. Otherwise economy class tourist will not likely come back in a hurry. Also, now that the airline is under another US biased CEO the outlook for haul will probably be very US-centric by pulling away from unprofitable Asian routes.
Actually - US bias might be these days a good thing.
Most long haul customers from here probably want to go to Europe or the UK ... and given the situation in Russia / Ukraine is it much safer to fly via the Americas to Europe instead of choosing the route over Asia / Russia / Ukraine. Ah yes, and pulling away from unprofitable routes always sounds like a good idea, no matter where the centre of the CEO lies :p ;
Well it is coming up to crunch time. I am short well in excess of 100.000 units now. Just waiting watching the ups and down ala sharsies. Soon I will either be right or wrong. I will short more as we get closer.
Cannot help but agree with the sentiment on AIR. I was shocked this did not reach the $0.30-$0.50 range in March 2020, from memory $1 was as low as it went. I was ready to take a position at around $0.30 but the market disagreed and still does. At lease until the capital raise...
The company needs to raise capital (equity) soon.
Very basic set of analyses:
Interims to 31 December, 2021
https://recastinvestor.substack.com/...zealand-airnzx
Annuals to 39 June, 2021
https://recastinvestor.substack.com/...zealand-airnzx
Feedback welcome :-)