Covid-19 caused a bloodbath to Airplane Companies and AF returned to the past to worth almost a penny dollar, with the return of the normality, we can expect a new cycle to come around the corner.
That said, i hate Air France, it's one of the most antipathetic crew in the world, they all think they made baccalaureate +10 for serving a glass of water in a plane, That's one of the reason of losing their " French Glamour ". if you use united arab emirates companies, you will feel instantly the level difference.
----------------------------------------------- Trading Parts : ----------------------------------------------- Buy Zone : 4$ (Now) Rebuy Zone : 3$ (Bottom)
I am also looking at AF as an investment opportunity. Still long Shell from the lows but maybe switch if it hits 23 and AF is still under 4. More upside potential. 3 Feb are the Shell earnings and 17 Feb are the AF earnings so will be interesting. Like you said also the Dutch Gov has an interest because of the KLM part. Both France and Holland wont let the company go bankrupt. They are heavily invested and the Airlines are big employers. So Reward favors Risk I think. Thank you for your thoughts and chart.
Ah the French arrogance! Better to laugh about it.
thecryer
⋅
@gabriellealleau, i am corsican maybe that's why i dont like Air France hehe
gabriellealleau
⋅
@thecryer, Corsica is beautiful, best memories there.
thecryer
⋅
@gabriellealleau, Greeks used to call Corsica " Kalliste", " the most beautifull ". i left Corsica long time ago but i still miss the sea, mountains, forests and peoples!