Vaccines offer no quick fix for Auckland Airport's woes

Thu, 11 Mar 2021

A slow and uncertain recovery for Auckland Airport even with the government’s new plan to get the country vaccinated, is forecast by Forsyth Barr.“Reopening sentiment may be a short-term positive catalyst but reopening reality will dampen any prospect of prolonged enthusiasm,” wrote analysts Andy Bowley and Scott Anderson.The airport’s share price is still 20% below pre-pandemic levels, even after a small uptick since Wednesday when the government announced a targeted vaccine rollout that would see the Pfizer vaccine dis...

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