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Old 18th Feb 2021, 09:42
  #1155 (permalink)  
Clop_Clop
 
Join Date: Apr 2011
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Yes, even in best of times investing in airlines is not for everyone. Now there is more competition also with the new startup, more Wizz and as always Scandi changing the market a bit when things will pick up again. Add a covid situation where no-one really knows when things will pick up again, at what pace and to what levels. So it's not a easy case for sure. But same time if things turn out well or better then the base-case the instruments should reward those who went for it. Perpetual bond at around 10% later on, unless i misread, sounds nice for example if the rednoses keep going and stays in the air...
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