I'm a little surprised why the market has sold the stock off so much. All they did was suspend a couple of less profitable routes.
I fly a lot between Mt Gambier and Adelaide and also Mt Gambier Melbourne and have been seeing the plane filled to say 80% capacity! Surely that is profitable. Since O'Connors collapsed they are the only carrier on these routes.
I'm a little surprised why the market has sold the stock off so...
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