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17,565 Posts.
57
31/07/24
14:13
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it is a common known fact airlines are bad investments.
It is more about broader economics and market power.
Clearly Qantas had a role as did ScoMo, the RBA with stupid low interest rates
This is another cases of business collapsing on the back of over priced housing in Australia. I would blame Scott Cam, same thing happened with taxis
If rex cannot get into the corporate demand for travel it comes down to discretionary which has been killed off by inflation.
The best way to play airline stocks is short them. Anyone short Rex?
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(20min delay)