Investment And Valuation ChallengesAll options still on the table for a potential narrowbody re-entry, with up to £3bn in gross investment required.
Share Buyback ConcernsThere could be disappointment due to no buyback program expansion and flight hours standing below the guide.
Valuation DebatesStrong share price performance, underpinned by end market growth and management's turnaround, brings with it a number of valuation debates.