AIR - Air NZ.

[Joshuatree]

But still holding 5.9%

[sharp]

But still holding 5.9%

This is pre VHA issuing new shares to HNA.

[workingdad]

VAH sale complete: https://www.nzx.com/companies/AIR/announcements/284363

I look forward to a special divy announcement 😜

[sb9]

I look forward to a special divy announcement 

Will have to wait until end of August when results are announced...

[Beagle]

Good rid dens. Looking forward to them selling the rest of that pup. Great news too that the recapitalisation of VAH is proceeding and AIR's shareholder loan will be repaid soon. That's a big percentage of the mess now confirmed to be cleaned up. Well done to the current management team on cleaning up Rob Fyfe's mess.

[Marilyn Munroe]

It will be interesting to see if Cullen Airlines and Virgin(Under Arm Bowlers division) can overcome their corporate rancor to continue ripping off travellers through their code share agreement accross the ditch.

Though this dude reckons the Under Arm Bowlers are going to field their second eleven team Tiger;

https://blogs.crikey.com.au/planetal...inters-future/

Boop boop de do
Marilyn

[mikeybycrikey]

But still holding 5.9%

Interesting to see that this sale of 19.98% is before the share issue to HNA. This leaves them with 5.9%, which I assume will decrease to 5.13% at some point in the future.

I had assumed that the sale was after the share issue (and I think a few others here did too), which would've left them with 2.5%.

Makes quite a big difference (although both 2.5% and 5.1% are significantly less than 25.9%).

[ohpark0119]

does anyone have DRIP set up? Do I select full/partial participation and additional shares are automatically given to me?

[Beagle]

http://australianaviation.com.au/201...-requirements/

As I posted the other day, the capital raise doesn't exactly put them in a robust position.

[mikeybycrikey]

does anyone have DRIP set up? Do I select full/partial participation and additional shares are automatically given to me?

I thought there was no DRP but a search on the internet shows up a dividend policy with reference to re-investment. Also on the Link website, it seems I can set up reinvestment. So maybe there is a re-investment policy. Have a look here http://www.airnewzealand.co.nz/dividend-history and here http://www.airnewzealand.co.nz/asset...end-policy.pdf. Policy is from 2008 but I can't find any evidence that it has changed.

Also, in response to your earlier question about volume, in absence of other sources, I find yahoo has decent info on volume, showing average volume (https://nz.finance.yahoo.com/q?s=air.nz&ql=1) and providing info on historical prices and volumes (https://nz.finance.yahoo.com/q/hp?s=AIR.NZ).