Yup - pushed some shorts to cover but downside not overThat 20% jump was shorts covering - not 20% of buying interested. This is tained goods. You can't abruptly cancel a launch 4 years in a row and expect the stock not to suffer.
4 YEARS people. How many times will you fall for this. The stock goes up, the people who realize the pattern short it after a run.
Next stop will be to tell you financing fell through - so although they have planes, they can't buy them now (even though that makes no sense since they could raise the money in the market)
Nothing with this company makes any sense. The airports know this is a standard thing...launch an airline, fiddle around, collect a salary, delay delay delay...bust....