I think JET will get a bit of a re-rating if the profit is good on the cash flow.
It will be interesting to see if they declare a dividend, could be too early.
A further positive for the travel related companies as a whole was HWT's boss comments in the summary announcement along the lines of Australian Travel industry about to enter a golden period after recent years of pain with Sept 11, Sars, Bali and war on terror etc.
I think with these things people will hold back on travel for security reasons for so long and then after a while realise life goes on and while we need to be vigilant on security, there is no need to not travel.
Cheers
D
I think JET will get a bit of a re-rating if the profit is good...
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