I think it is plausible that deflation in air fares has had a short term effect on TTV, but once it is factored in, should be good for business - acc to analysts anyway. They are also gradually reducing their reliance on people.
The 2% margins would only be possible with a huge increase in productivity I suspect. They seem to be getting the productivity increases over time. Covid has made it difficult to see perhaps.
Will be interesting to see how CTD goes.
I think it is plausible that deflation in air fares has had a...
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Last
$21.61 |
Change
-0.070(0.32%) |
Mkt cap ! $4.794B | |||
| Open | High | Low | Value | Volume |
| $21.76 | $21.80 | $21.53 | $15.43M | 713.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 92 | $21.59 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.61 | 7706 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FLT (ASX) Chart |