Looks like I'll be picking up some pennies soon enough, all these people dropping them all over the place, jeez, time to invest in bigger pockets.
In other news "New Zealand domestic air travel rebound predicted but international a different story" "Domestic air travel capacity in New Zealand will recover to just under 80 per cent of pre-Covid-19 levels by the end of the year, a leading aviation analysis group says.
Australian-based aviation research center Capa - Centre for Aviation made the forecast based on government statements, airline network announcements, capacity projections and underlying demand.
It said domestic seat numbers were expected to reach close to 40 per cent of 2019 levels in June now that national restrictions had eased.
Under Alert Level 1 there are no restrictions on travel and physical distancing is no longer be required on public transport and planes."
" New Zealand seat numbers would gradually rise to about 60 per cent of 2019 levels by early October, Capa said. Capa chairman emeritus Peter Harbison said a potential trans-Tasman bubble had been factored into its modelling from August, with some Pacific Island linkages also added. "
" Air New Zealand said it planned to operate about 55 per cent of its usual domestic capacity from July and August. Jetstar is returning to New Zealand in July with Auckland, Wellington, Christchurch, Queenstown and Dunedin flights."
AIZ Price at posting:
$1.20 Sentiment: Buy Disclosure: Held
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