AIR - Air NZ.

[percy]

Where/how/if/when the credit rating is factored in who knows, what/if/why/when/how the charts will react I don't know,but I think it is significant,and certainly is positive for the company's fundamentals,going forward,or should that be onwards and upwards?.

[sb9]

Thought the sp would've reacted positively after all the factors mentioned above (Qantas up very strong on ASX today). Anyway, it should all be good closer to earnings announcement in a months time.

[Beagle]

Where/how/if/when the credit rating is factored in who knows, what/if/why/when/how the charts will react I don't know,but I think it is significant,and certainly is positive for the company's fundamentals,going forward,or should that be onwards and upwards?.

I believe a better credit rating gives them access to cheaper rates on their aircraft leases...usually the major international airline lease companies are pricing based off long term U.S. interest rates, currently very cheap, plus a margin for the specific client profile and AIR's specific credit profile just improved
Yep, huge volume, obviously a good debate between bulls and bears...some will be bearish on the economy, Greece e.t.c.

[sb9]

Finished on top by value and volume traded for the day on NZX, shame couldn't quite match Qantas on ASX, up almost 7% or 22c...

[Hoop]

Finished on top by value and volume traded for the day on NZX, shame couldn't quite match Qantas on ASX, up almost 7% or 22c...

Hmmmm...no it couldn't quite match QAN's +7.4% ......AIR +0.3% close though..eh

[tzbang]

Did I just see someone buy 1600,000 shares @ 2.57.. that's what just showed up in my asbsecurities chart, or is that some sort of browser trickery?

[kyanar]

Did I just see someone buy 1600,000 shares @ 2.57.. that's what just showed up in my asbsecurities chart, or is that some sort of browser trickery?

I'm seeing it too. Volume of 1.9m versus the 256k visible on NZX.com (NZX being delayed 20 minutes, and I think the quote summary on ASB securities is realtime). Refreshed and sometime between 11:40 and 11:44, 1.6m shares changed hands in a single trade (37 trades versus the previous 36)

[sb9]

Yeah, 1.6ml transacted off market @2.57. Looks like someone (big instos) is accumulating in the past few days...

[kyanar]

If it's off market, it could be NZSF. They've been shunting their shares from direct management to instos (https://nzx.com/companies/AIR/announcements/266696) so it could be more of the same.

[Zaphod]

Two articles of interest:

Qantas, American Airlines partnership 'benefits passengers'

"Qantas and American Airlines have gained interim approval from the competition regulator to deepen their alliance on trans-Pacific routes despite opposition from Air New Zealand."

http://www.stuff.co.nz/business/indu...its-passengers

New Air Canada flights raise prospects of trans-Pacific price war ""

http://www.smh.com.au/business/aviat...08-gi7tlo.html