Coronavirus, page-153

I respect your views. However unlike flt, webjet is a more nimble busines with less fixed costs such as rent for branch networks. Therefore webjet perhaps has better odds of survival compared to likes of flt or even ctd. The latter mainly relies on corporate travel which i dare say is more exposed as lots of companies do away with travel in favour of remote meetings etc.

while i will admit that the travel sectors outlook is clouded and who knows when the vaccines will arrive. But i have faith that all the countries diligently working on a cure will find one soon. Maybe not in the next few months but i can't see 18 months either. I d say its somewhere in between. And in the meantime we all just stay calm, wash our hands for 30 seconds and not getting into fights over tissue rolls and we'll all get through this.

For the time being i just dont see the point in panicking and selling out as no one at this point knows fully what's going on? We all know its spreading but we also don't know if a laboratory in some country is on a verge of a cure either? What i do know though is that there are lots of quality companies that are trading at very low valuations and its a good time to buy in small volumes to average down. This is exactly what i ll be doing with webjet as well! Good luck all! Stay calm and trade on!