Today's announcement from QAN provides an indications on travel impacts:
https://www.asx.com.au/asxpdf/20200310/pdf/44fwgd46nx86ch.pdf
An overall reduction of 23% in international travel capacity. About 30% to Asia.
Apply this to your thinking on customer refunds. My guess would be to apply those ratios to FLTs TTV. So it's not a total wipeout, even if you assume a 40% reduction.
I know FLT do more than flights, so this might not directly correlate. But it's the best measure I've found.
And on second order effects. Many companies are asking staff to take paid and unpaid leave. Is everyone just going to stay home and self isolate? I can't see that happening... some spillover effects to soak up cheap holidays feels likely.
Today's announcement from QAN provides an indications on travel...
-
- There are more pages in this discussion • 194 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FLT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$15.80 |
Change
0.150(0.96%) |
Mkt cap ! $3.506B | |||
| Open | High | Low | Value | Volume |
| $15.67 | $15.88 | $15.60 | $17.15M | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 135 | $15.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.81 | 40 | 1 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FLT (ASX) Chart |