Stay neutral, AAIA to go up again probably in 2 to 3 months.
Although currently the COVID-19 is hitting the airline industry hard, it seems that New Zealand is somewhere between halfway to near its peak in the Omricon wave. According to the Rate Of Change on "Confirmed_NZ", NZ New cases usually plateau somewhere around 20. Currently the Rate Of Change is around 10. It is also being seen that the Rate Of Change is already slowing down. Thus, New Zealand is near the plateau of new case numbers.
Once new case numbers start going down, air travel to New Zealand will increase, and thus AAIA would also increase in value.
Once new case numbers start going down, air travel to New Zealand will increase, and thus AAIA would also increase in value.
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