Hi All,
I was reading this article:
https://www.forbes.com/sites/marisagarcia/2024/04/06/boeing-crisis-could-slow-airline-growth-for-years/?sh=120983003556
”At 2023 production rates, it will take these companies more than 11 years to fulfil these orders..”
It occurs to me that with the return preCovid demand, & fewer aircraft deliveries, operators will need to fly existing aircraft longer & improve utilisation rates.
I’m obviously biased, but seems like SMN might be well placed to give (sell) back some flight hours to operators.
Just need that approval!
Cheers
DrDazmo
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Last
43.5¢ |
Change
-0.010(2.25%) |
Mkt cap ! $67.16M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.5¢ | 43.0¢ | $1.304K | 2.983K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22897 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 2780 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| SMN (ASX) Chart |