Hints and tips:
...Third-quarter results published on Wednesday suggest there is little point hoping for recovery this year....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Woronka added that the slow recovery in the cruise industry — due in part to more onerous Covid-19 restrictions from the US Centers for Disease Control and Prevention than are enforced on other travel operators...
...Wartzman, who runs the Drucker Institute’s KH Moon Center for a Functioning Society, credits the retailer with undergoing a “remarkable” transformation in how it treats its people....
...He has pointed to the examples of the National Kidney and Transplant Institute, the Philippine Heart Center and the Lung Center of the Philippines, which were built during his father’s presidency....
...Southwest expects to stop burning cash by June and forecast cash burn of between $2m to $4m a day in the second quarter, from $13m a day in the first quarter....
...The company’s junior bondholders would realise a recovery of either 70 cents on the dollar in cash or get the chance to buy into the equity of new Hertz....
...More people flew in the US this past weekend than any time since the coronavirus pandemic crushed air travel a year ago, which has fuelled the recovery hopes of US airline chiefs....
...The company’s cash burn averaged $24m a day for the three months to the end of September....
...Delta was still burning through $10m of cash a day but had reduced this rate from $100m a day in March, Mr Bastian said....
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...Carnival, for instance, is burning through roughly $1bn in cash each month and this week delayed more sailings until next year....
...recovery is no longer in the cards....
...(WSJ) What else we’re reading Just one in 10 fund managers expect V-shaped recovery V, U, W, L — just a handful of the letter-shaped recoveries that investors have put forward as possible paths for the...
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
...Valuation pricing in a V-shaped recovery. We think the JD share price was clearly oversold during the COVID crisis, falling around two thirds from highs reached earlier this year....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...Once lockdowns are lifted, fear of costly suits alone could hamper the recovery....
...(FT) The risk of a US double-dip depression With the US economy in effect already in depression, the temptation to go for a V-shaped recovery before the November election looks too great for Donald Trump...
...We fear a long downturn and major cash consumption 2020-2022. €30bn liquidity in place....
...We think Airbus would be best-positioned to benefit from a V-shaped recovery in 2021....
...The investment stuff is encapsulated in two quant screens, “survival” and “recovery”....
...Full recovery depends on the company either proving it can add new users or has a tight enough grip on spending to slow cash burn of $1.3bn last year. Neither is certain....
...A version of this article was first published by the Nikkei Asian Review on March 13, 2019. ©2019 Nikkei Inc. All rights reserved....
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