Aeroflot experts at meetings with President Vladimir Putin promise a fairly rapid recovery in traffic volumes - by December domestically and by March 2021 in foreign flights, but so far, given the statistics on COVID-19, these forecasts look very controversial.
Investors actually froze in trading on Aeroflot shares, realizing that there are no important factors for sharp decisions so far. The air carrier is a big debtor and so far a ballast in the country, which has no choice but to forecast improvements in order to survive hard times. Therefore, buying from current levels could be very risky, given that loans are still likely to follow.
- More forecasts and news on the Fortrader channel at Telegram