Hi All,
I was reading this article:
https://www.forbes.com/sites/marisagarcia/2024/04/06/boeing-crisis-could-slow-airline-growth-for-years/?sh=120983003556
”At 2023 production rates, it will take these companies more than 11 years to fulfil these orders..”
It occurs to me that with the return preCovid demand, & fewer aircraft deliveries, operators will need to fly existing aircraft longer & improve utilisation rates.
I’m obviously biased, but seems like SMN might be well placed to give (sell) back some flight hours to operators.
Just need that approval!
Cheers
DrDazmo
Silver Lining
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Last
35.0¢ |
Change
0.010(2.94%) |
Mkt cap ! $46.51M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 34.0¢ | $3.743K | 10.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1427 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 2021 | 1 |
View Market Depth
| Last trade - 11.22am 04/06/2024 (20 minute delay) ? |
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Last
35.0¢ |
Change
0.010 ( 2.94 %) |
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| Open | High | Low | Volume | ||
| 35.0¢ | 35.0¢ | 35.0¢ | 750 | ||
| Last updated 11.22am 04/06/2024 ? | |||||
| SMN (ASX) Chart |