AIR - Air NZ.

[winner69]

May turnaround by close today looking at last few days trading pattern or am I being too optimistic?

You be OK .... up by end of day a cert now

[arc]

Roger:
I agree with your sentiment. The present market is due to two things. One is blind public panic and the resulting tendency for larger players to capitalise on these "cyclic events", the other is the nature of the event that initially triggered the panic... one tends to leave footprints in soft sand

The alliance with the Chinese for their domestic market is good news as is increasing exposure to USA. The confidence factor expressed by the increased divy is a healthy sign. Im not saying the market wont fall again tomorrow as stupidity reigns but it is just that plain stupidity, mixed in with a large dose of "drive it lower in order to increase personal buy back exposure"

GO AIR...

[sb9]

You be OK .... up by end of day a cert now

Not a bad finish, wasn't it...up half a cent at close.

So the trick for AIR is to open lower...

[Regi]

Well I must say I was worried earlier in the day at its low... hopefully a slightly different (i.e better) trading pattern from here like some have suggested. But that's just being hopeful.

Still the dog in the mud Roger or you chasing Couta in a newly loaded Hilux?

[ddrone]

AIZ closes at AU$2.20, US markets looking bad, Asian markets sliding. I doubt we've hit a bottom just yet much as I wish I'd traded that 2.38 low today..

[iceman]

Some good news for a change..A new strategic alliance between Air New Zealand and Air China will make New Zealand a more attractive destination for Chinese travellers, Transport Minister Simon Bridges says. http://www.voxy.co.nz/business/air-n...rised/5/230600

Good news indeed. Now I´d like AIR to take this a step further and start promoting Auckland and New Zealand not only as a destination, but also as a hub for Chinese travellers going to Argentina/ South America. If well marketed, they could fill each and every of their Buenos Aires planes many times over. Chinese tourists to South America currently mainly travel through Europe, often with cumbersome connections
This is a big opportunity for AIR

[vin]

Good news indeed. Now I´d like AIR to take this a step further and start promoting Auckland and New Zealand not only as a destination, but also as a hub for Chinese travellers going to Argentina/ South America. If well marketed, they could fill each and every of their Buenos Aires planes many times over. Chinese tourists to South America currently mainly travel through Europe, often with cumbersome connections
This is a big opportunity for AIR

Agreed great news & a massive opportunity. Hope this plays out well.

[Regi]

So the market responds to positive news with a 2.8% drop... What is going on?? All sense of rationality gone because of the current economic climate or what?

[couta1]

So the market responds to positive news with a 2.8% drop... What is going on?? All sense of rationality gone because of the current economic climate or what?

She's ugly all over Regi, even Spark has now dropped, divvy next week is some consolation.

[mikeybycrikey]

So the market responds to positive news with a 2.8% drop... What is going on?? All sense of rationality gone because of the current economic climate or what?

I think that's because this isn't really news.

I'm pretty sure that this has been known about for a while and it was only waiting on approval by the Minister. Any move from this news should've happened a while ago and already be priced in.