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49.8¢ air new zealand limited

AIZ is to resume flight with China next week on 22nd June, page-46

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Stims

91 Posts.

19

25/06/20

13:46

Post #: 45447069
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Originally posted by Stims: ↑

Just spoke with travel agent too, International flights are still a no go regardless of what any articles say.
Domestic usually don't consult a travel agent (very easy to do yourself) but they were also saying that the demand for domestic is non-existent atm. The majority of non-work travel seems to be done locally or close enough that only a car is necessary.

Any available flight overseas is extremely limited in numbers, has a HUGE mark up compared to normal pricing, and the organization that monitors airline regulations (cannot remember the name he told me.. may begin with an A?) stated that global flight levels and numbers are estimated to take at least 3 years (2023) to return to pre Covid19 levels (late 2019 to be specific)

Typical media trying to spin the stories as usual.
Literally feels like proper media reporting is dead...

EDIT: added word 'Global'

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The long-run will have good returns. Just make your emergency fund is well stocked as we aren't going to get the return we are wanting for a while

EDIT: Spelling

Last edited by Stims: 25/06/20

AIZ Price at posting: $1.22 Sentiment: Hold Disclosure: Not Held
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Last 49.8¢		Change 0.008(1.53%)		Mkt cap ! $1.684B

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