RE: Big fall16 Mar 2026 09:22
Wow wow, the relentless fall of the sp here continues, and the pain is not over, far from it. SSPG cannot reduce costs regardless of trading volume, making them even more exposed than airlines. Airlines can at least raise prices to cover higher costs. That will result in lower volume through airport, hitting SSPG hard. Less volume, and passenger just having paid for more expensive air fares will leave less appetite for spending in shops.
A perfect storm for SSPG, and not a good one.