Australia's Chief Medical Officer said this on Sunday Jan 10 2021:
'...Chief medical officer Paul Kelly said on Sunday it would likely to be the second half of the year before federal and state governments started to ease health and border restrictions...'
If true, it will have extremely serious ramifications for the balance sheet of almost all airlines that (previously or currently) serve(d) Australia.
SYD will be adversely affected.
Among airlines, for QAN and Virgin Australia especially troubling, but bad also for REX given its Sydney - Melbourne assumed startup on 1 March 2021. Disastrous for QAN and Virgin Oz finances, not great for REX.
SYD Price at posting:
$6.32 Sentiment: None Disclosure: Not Held