Yeah I heard. They are trying to use the corona-virus as the cause of their bankruptcy, which isn't accurate.
Any airline that can't withstand a temporary drop in bookings over a 1-3 month period, (the length of time since the beginning of the effects of the corona-virus on the aviation industry), would have other more serious underlying causes (such as a poorly thought out business model or increased competition) for its bankruptcy.
What fools are buying., page-157
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Last
$6.08 |
Change
0.030(0.50%) |
Mkt cap ! $9.907B | |||
| Open | High | Low | Value | Volume |
| $6.07 | $6.10 | $6.04 | $24.68M | 4.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22446 | $6.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.08 | 11616 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| QAN (ASX) Chart |