I think people stray away from airlines on what might happen....

I think people stray away from airlines on what might happen. However I think that they have proven over time to be a well run company and think the fundamentals will see them back in the mid $2s not to far away. That is me valuing them around 2.80 before dividend. I base my value on what they have been worth in the past and dividend return. This all accounts for nothing on the share market and could go as low as 1.70 or up to 3.50 over the next 6 months. From my perspective it has a small downside risk (5-10%) with a (50%-70%) upside potential. Makes for a good gamble imo.