RE: Rest of week15 Jun 2020 18:31
Could drop a bit further due to 2nd wave fear but not for much and long though. China relaxed lockdown rules way earlier than other countries while rest of Europe is just starting to loosen up. So, 2nd wave will be very less likely as the caution is still high in European countries. If the countries keep up their caution, another outbreak in China should have way less impact here in Europe, meaning IAG should be able to resume flights soon and maintain the prices as they are or will even become higher than expected. So, there's a lesser chance to get at any lower price. However, we should never discount he stupidity of public fear as it drives stocks down due to insecurities alone.