Yes, it is worrying. Total underlying adjustments of $52.45M (including the $12.1M write down) is no small potatoes. The E190 costs $39.3M are also a concern. It doesn't matter how management paint it they will be reporting a loss of $7.1M.
According to the update only 20 of the E190's are in service, with a further 13 to be in service by January 2023. This at variance with the deployment scheduled in the HY22 results presentation:
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.66 |
Change
0.040(1.53%) |
Mkt cap ! $428.1M | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.67 | $2.60 | $32.71K | 12.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10704 | $2.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| AQZ (ASX) Chart |