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airasia offering cheap flights that are most likely to cause lost to them. They announced good earnings just because they are currently receiving a bunch of money from those who booked years or months earlier before the flights. Good for the short term, but long term is gonna be disastrous due to the accumulation of cheap flights that cause losses.
this ain't all about management. lol it is about the market. gloves sector has literally no demand now due to decrement in covid severity. they over produced the gloves and now supply more than demand. they earn nothing. simple economics. it will definitely go below 0.8
