AIR - Air NZ.

[macduffy]

I'm waiting to see their green (electric) aircraft!

[Biscuit]

I'm waiting to see their green (electric) aircraft!

Recently purchased return flights to Paris - 3 tonnes of carbon dioxide per person. I used to fly gliders as a hobby and, as an alternative to the tow plane, we had a big winch that would get you aloft. Now that's what AIR need if they really want to go green - a whooping great electric winch = zero carbon take-off.

[Xerof]

Director buying a few today....goodo

[Onion]

3 tonnes of carbon dioxide per person

The big jets sure use a lot of fuel, but...

I read somewhere that the large jets use about the same amount of fuel per km (and produce the equivalent C02) as if the passengers were all riding 50cc scooters. Luckily they move faster than 50km/h.

[minimoke]

https://blogs.crikey.com.au/planetal...e-towers-fell/

Have a chuckle - those were the dark days for our National Airline and Aunty Helen came to the rescue. A lot of money was lost and made. The biggest losses were mostly made by SIA and BIL, and the biggest winners were the government and those brave enough to buy the shares when they got down to 12 cents!

Ah the good old days. As i recall picked mine up at 14 cents. Had my steel gloves on as the knife was falling. But aunti Helen saw me right. Very right indeed.

[janner]

Ah the good old days. As i recall picked mine up at 14 cents. Had my steel gloves on as the knife was falling. But aunti Helen saw me right. Very right indeed.

Ole !!..

The market needs such Toreadors as you..

http://www.bing.com/videos/search?q=...E091&FORM=VIRE

[sb9]

Director buying a few today....goodo

Yeah saw that, also noticed the av price paid is higher than market price for the day.

[Raz]

http://www.stuff.co.nz/business/opin...-passengers-is

[Balance]

I think it was, not sure where its at right now. VAH better be careful otherwise they'll be dog tucker...they need a good code share alliance with AIR far more than AIR need them.

Yes indeed - Qantas is not the basket case it was in 2012 and 2014. Now it is VAH which is flirting with being a basket case.

VAH desperately needs an airline like Air NZ to feed transtasman passengers into their Oz domestic routes or get squeezed out even further by the twin pincers of Qantas and Jetstar there.

Air NZ has played the game well this time round.

Branson is remarkably quiet these days now that his hope for a full takeover offer, triggered by Air NZ exit, is gone.

The Branson era is well and truly over for Virgin.

[Beagle]

Yes indeed - Qantas is not the basket case it was in 2012 and 2014. Now it is VAH which is flirting with being a basket case.

VAH desperately needs an airline like Air NZ to feed transtasman passengers into their Oz domestic routes or get squeezed out even further by the twin pincers of Qantas and Jetstar there.

Air NZ has played the game well this time round.

Branson is remarkably quiet these days now that his hope for a full takeover offer, triggered by Air NZ exit, is gone.

The Branson era is well and truly over for Virgin.

Agree 100%. Virgin's gearing is an ongoing concern for anyone left who cares. With circa half their capital raise going in restructuring costs I estimate they'll be close to a 3:1 debt equity ratio after raising just over $1b and that for an airline which has predominantly leased aircraft and currently struggling to break even.

Interesting comparison to AIR which I estimate is currently running around 1:1 debt equity, most of their planes are owned and they're currently highly profitable. Branson owns a pup.

I hope AIR dump their remaining shares as soon as they've signed a renewed code share agreement.