T There will be lots of pump and dumps with this stock in the near to medium term "Demand for air travel in New Zealand may take as long as two years to return to even 60 per cent of the pre-pandemic level, according to the chief executive of the Airways Corporation of New Zealand" And that is just domestic travel he is talking about - plus when flights across the ditch do actually resume there will be a huge drop in business fares as most companies will rely on video conferencing rather than business travel. I have no doubt that Air New Zealand will eventually get back above $2 but anyone who thinks it is going to happen overnight is clearly dreaming
AIZ Price at posting:
$1.25 Sentiment: None Disclosure: Held
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