The shareprice is below Covid levels, but the airline is profitable, so at these levels worthinvesting. The kicker is, its main market is in recession and the NZ governmentis trimming fat out of government departments which will further impact corporatetravel, so I believe the share price will stay at these levels until the economyimproves and the issue over reduced 787 capacity is resolved.
I’m a shareholder and regularly fly trans-Tasman but due to the high Air NZ airfares always fly Qantas.
is its good time to buy in?, page-46
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Last
49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.0¢ | $171.5K | 346.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 332274 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 416836 | 15 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AIZ (ASX) Chart |