I'm sure we would have bailed them out again by then :) Assuming Qantas hadn't already taken over Australasia :scared:
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Dang - 592,538 in the queue @ 132. That's some good news from somewhere alright.
You're probably new to ASB. Click on AIR again and you'll see the info that says "A latest recommendation report has not been issued by Morningstar for this stock." and that was placed there dated yesterday 15 April. If it was upgraded by MS then you should be able to read their latest commentary. Anyway, today's sp gave me an outlet to divest my remaining shares. Sold 3/4 early March and was thinking of holding on to the last qtr against all hopes. It's been a wonderful stock just before CoVid-19.
Potential of using Air NZ Trans Tasman, back and forths across the ditch in an Australisian bubble. Winnie said govt working on a plan.
Hello AIRnz Thread...
I don't have time to look, apologies if someone else has mentioned this.
Does Air NZ not buy oil futures...
How many years are they locked in for?
I'd say there sure are signs of overconfidence in a recovery wirh current prices.
Waiting for data. It's going to be very rough imo.
Been covered before. They're about a quarter of a billion down the Alice in Wonderland rat hole with their oil hedging. What's a quick quarter of a billion over 9 months between friends though ? They'll BBQ that much cash and then some in April 2020 alone ! The irony is they can't afford to make their senior pilots that earn more than our Prime Minister redundant because of their lucrative redundancy conditions in their contracts.
Would be good to hear from someone who’s buying at these levels & what their rationale is ?
Attachment 11312
its DB clients as well
https://www.directbroking.co.nz/Dire...ngranking.aspx
NZX at the moment: High Bid $1.45 Low Offer $1.185 ; Day's high $1.32 :-)
Plenty of people like me who are in property and KiwiSaver but never had a dabble in the market - I threw a little bit in a few years back through ASB but didn’t continue as I was trying to get in the FHB market. Now I have properties I’m moving into this out of pure interest.
I have been following and growing my understanding of the market for a while and decided to jump in. It just happened to be when AIR was at 0.88...
https://www.goodreturns.co.nz/articl...or+16+Apr+2020
https://www.smh.com.au/business/mark...16-p54kc3.html (Thanks to Winner69 for this link)