Looks like Etihad buying on weakness a few days ago.
While I agree that airline's are shocking to invest in, this one isn't a bad one short term. I have been playing with this one for a while (and made quite a bit), it bounces between 0.39 up to 0.44 most weeks. Soon as its hits 0.39 in comes Etihad.
VAH been playing in the 40's for years.