Currently quoting $1.66, down 4.86% on opening.
There goes another hit to my Super!
Nope, GFC 2 is looming.
With the European crisis now coupled to Yank stupidity, I suspect we are already in another recession.
Cash and gold are king!
I would have thought the smart money would be on airline consolidation, improved service levels and smart marketing in a tightening market, rather than some half @rsed idea to create a new off shore venture in a market already dominated by Cathay and the Chinese operators?
Protect your own house before you covert your neighbour's house!