At over $10 a pop? No thanks. They can’t even afford new aircraft for their WA arm “Network Aviation” who is doing all the WA flying and now branching into the rest of Australia, using “half life” A319’s which they dug up from the scrap yard. The bright idea is now more “half life” Ejets. I guess this will complement the “end of life” 737’s currently on the domestic market and the “end of life” A330’s not even Airbus can keep flying much longer. I’ll keep my hard earned cash and maybe looking at dipping a toe in around $4.50 a share. IMO DYOR.
QAN Price at posting:
$10.40 Sentiment: None Disclosure: Not Held
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