NZ is a small market for Serko but still this announcement today by Air NZ shows what Covid free (or a fully vaccinated population) can achieve.
"Domestic capacity is now at approximately 90% of pre-Covid levels, and corporate demand continues to show strong signs of recovery, averaging around 80% of historical levels for the past three months. Importantly, our Domestic load factors are also tracking in a similar range. The Tasman market is building following the opening of the Trans-Tasman bubble in late April 2021, with capacity currently at around 70% of pre-Covid levels. Load factors on the Tasman are expected to recover gradually, with the airline focusing on offering customers a reliable and stable schedule offlying."
SKO Price at posting:
$6.86 Sentiment: Buy Disclosure: Held
