It’s fully booked based on the capacity. There are still many large A380 etc planes parked up in the desert. It takes 6 months plus to recommission one and find a trained crew. Also there’s a massive backlog of orders for new planes that will take years to clear. That’s the flying side of things. But hotel bookings are experiencing high demand. Car rentals are stressed too but there is low car stocks. I’m also thinking Flt isn’t the same company in the same market as pre COVID. Much has been recast. Overall medium to long term is a good bet.
Short squeeze, page-22
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Last
$23.01 |
Change
0.010(0.04%) |
Mkt cap ! $5.085B | |||
| Open | High | Low | Value | Volume |
| $23.01 | $23.06 | $22.81 | $21.35M | 929.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 982 | $22.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.01 | 19745 | 3 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |