AIR - Air NZ.

[Beagle]

^^ Make a grab-a-seat $69 special to Queenstown look mighty appealing, avoiding all those pesky charges not too forget its arguably one of the most beautiful places in the world
Doesn't seem like there's any institutional demand for the stock until the election is done and dusted.

[Zaphod]

^^ Make a grab-a-seat $69 special to Queenstown look mighty appealing, avoiding all those pesky charges not too forget its arguably one of the most beautiful places in the world

Very much so! I was in Canberra and got talking to a guy who was decrying how expensive it was to get to Thredbo for skiing, as opposed to Queenstown. There are definitely some further opportunities in the trans-Tasman market to improve both passenger volumes and overall yields.

Let's hope things pick back up after the election! Good luck to all holders!

[Master98]

smarts drive Air NZ success

http://www.stuff.co.nz/business/indu...Air-NZ-success

National Party had a great win in this election, hopefully AIR will be a very good performer on Monday like all other state controlled companys.

[Beagle]

smarts drive Air NZ success

http://www.stuff.co.nz/business/indu...Air-NZ-success

National Party had a great win in this election, hopefully AIR will be a very good performer on Monday like all other state controlled companys.

Yes its a real relief that we are not held hostage to potentially several weeks of Winston Peter's holding the whole country to hostage.
AIR got beaten down to $1.91 at the close on what looks like a day when many stocks were subject to index rebalancing in the final 15 minute match process. They traded most of the day at $1.94.
I expect in the unlikely event of an enquiry into regional fares AIR will easily be able to show that increases are justified based on higher airways and landing fees charges.
I'm expecting a good day on Monday and if for some reason it initially languishes at Friday's close then it's HAMMER time

[dingoNZ]

Good news for those of us who use the DRP potentially, if the price goes up in the coming week. The DRP price is determined the last 5 days after ex-div

[Zaphod]

Good news for those of us who use the DRP potentially, if the price goes up in the coming week. The DRP price is determined the last 5 days after ex-div

There's no DRP. As discussed previously, the company has a large amount of surplus cash already (hence the special 10cps dividend) and so doesn't need to retain any.

[Beagle]

Dividend reinvestment plan is presently suspended as AIR has no need for extra cash but nothing to stop people running their own DRP. $172m total divvy's paid on Monday, 53% of it to the Govt but a considerable $81m of it goes into investors hands...one wonders how much of that will find its way back into buying more AIR shares.

[Huskeez]

What a bargain

[Huskeez]

The Funds seem too be loving AIR as well

[Zaphod]

Air NZ selling cabin design business

Air New Zealand is selling its aircraft interior design company Altitude Aerospace Interiors to British company AIM Aviation for an undisclosed sum.

http://www.stuff.co.nz/business/indu...esign-business