Quote:
Originally Posted by Hadji Ramjet
There were no airline shutdowns during the SARS event, only travel advisories & warnings.
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Cathy Pacific shut down 50 percent of there airlines, there stock went from 17 bucks to 7.50 per share and I know that many of there planes never flew,i could be wrong,but I bought a 1000 units of Cathy Pacific so when the band or advisory was lifted there shares rose back up in no time.I got my info back then from Bloomberg asia after cnbc.
At the peek very few were flights into certain places,a total shut down didn't happen, but very few were traveling.
JD