Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Different news out there with regards to AA situations and affecting sentiments. Additional info for consideration. MAHB reported passenger traffic of 137k in Apr which is really low due to lockdowns. Mavcom forecasted passenger traffic to contract between 36 to 38% in 2020 against 2019 figure. 2019 record of 109M passengers and with that contraction forecast, it translates to approx 70M passengers. MAHB recorded 237k passengers in Malaysia for the month of May; increase of 73% from Apr. The numbers from MAHB and Mavcom may not translate directly to AA load factors but there are signs that it’s picking up and can be used as a baseline to understand how will AA revenue looks like for this year. Q1’20 report showing 18% drop in revenue at the back of forecast of 38% drop in passengers for 2020. How much will AA total revenue for the year looks like based on Mavcom forecast is something that can be used to help your research on whether has AA share price reflected the situations from the start of Covid19 in Dec’19 when AA share price was flat at $1.80 to current of less than $0.80; >50% drop. Just my opinions, could be wrong. Hope it helps with your research.
