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clock Created with Sketch. 03/05/21
09:22
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Originally posted by Hopeful9:
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AIZ and competitor QAN (including on occasion subsidiary Jetstar) are cancelling quite a few TransTasman flights as bookings have not lived up to expectations. See websites such as Sydney and Melbourne Airports for confirmation at their 'flight status' (arrivals and departures) pages.
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Great post mate. When I look at taking a position in a company I want to ensure that they at a very minimum are making a profit or have growth projections to warrant valuations. I just can't see unless someone can prove otherwise how airlines are profitable over the next 6-12 months with so much of their markets (destinations) cutoff.
(20min delay)