KQ price has fallen dramatically to 48/-... In a way not surprising since there was plenty of euphoria after the YES win...
Nevertheless, I have been crunching KQ's 1Q passenger numbers & they look much better than 2009.
The PLF is up which means higher net revenues. The RPK also increased by 9% q-o-q. Of course, all this info will only show up 'financially' in Nov 2010 when they release 1H results.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett