I'd consider buying back in at $2.50!
I loved the low of $1.795 that I bought at in October 2016, even more selling at at $2.34 and $3.17 several months later. :t_up:
Probably just being greedy hoping for that roller-coaster ride again ... :p
Printable View
AIR's charm offensive https://www.msn.com/en-nz/travel/new...cid=spartandhp
Pretty sure there's been plenty of teething problems with those NEO engines too. Hope they're all sorted now.
Four at last count! One due out this week..
However another will replace that on the ground next week!
Two brand new aircraft now out flying I assume these will be used to the USA and the second daily Singapore flights ?
This summer season will really test the company as far has how well they manage to keep the busy schedule going, there could be some real trying times for the good operational folk as they try to keep whatever they have available flying.
They actually did very well last year to react and bring in those lease planes as quickly as the did..although it was never an ideal situation.
For me there is just too much risk involved around these 787's engines.
The share price has held up remarkably well over the last year and maybe we are just now starting to see the market becoming a little nervous about the whole scenario..
As always time well tell...
Surely, at some point down the line there will be some sort of financial compensation from RR.
Chief AIR operations and safety officer selling down shares earlier this week as did Chris Luxon himself recently but the chief himself assures shareholders that this engine issue is not a safety issue... but he's off to visit Rolls Royce to seek assurances that all is being done to expedite repair of faulty engines ASAP. Mixed messages there.