RE:RE:Will this go back to 2.3-2.5?
Well to be honest nothing has changed fundimentally since the so went on the run to $2.35 from $1.50... it should hold around $1.80-$1.90 and continue a climb up imo. I'm pretty sure shares are getting accumulated for a buyout at these depressed prices. No reason a company making $200 million a year FCF is worth only $275 million market cap. Heck if they ipo the aeromexico it's worth $400 million usd approx on its own.. They will continue to pay off some debt and work on a new partnership. Also they could go hat in hand to AC and eat $80 mill a year to extend the contract. Ac wouldn't say no to free 700 million / year in seat sales. -Uber