nah not Singapore.
the 787 will be put on Perth, Shanghai and Tokyo.
The first of the refurbished 777-200 came back into service in the last few days and its expected to be put on the Singapore route
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Thanks for that. Are you hearing the new Dreamliner is a couple of percent off on its contracted performance targets, (I'm hearing a wisper of that). A bit heavier than it should be ?
Nah haven't heard that. Shouldn't performance targets be measured when it starts the long haul flights? 10-11 hour flights when its at cruising altitude for longer.
link below re singapore.
http://theflyingsocialnetwork.com/si...new-zealand-si
AIR beatup on NewsTalkZB this morning over regional fares. Lots of people moaning about the lack of competition.
Air New Zealand is set to announce a sharp increase in profit this week which the airline will welcome as a shift in focus from the negative publicity that has hit it this year.
http://www.nzherald.co.nz/business/n...ectid=11313674
$262m Net Profit and a 10c special dividend
Way to go!
YEAH BOY!! special div thank you very much! I called it first! :)
Fantastic results - gearing down, rev and EBITDA up and a capital return.
Very happy with this result and will be utilizing the DRP.
https://www.nzx.com/files/attachments/199366.pdf
Very strong result and very happy that the board listened to myself and a number of other shareholders that communicated with them regarding the special dividend.
Initial observations.
1. They did incredibly well from fuel and fx derivatives, net gain of $25m.
2. The current years result is after increased labour cost incl restructuring and fleet transition cost of $45m. I presume this is a one-off in regard to restructuring of the heavy maintenance division and exit of the last of the 747-400 fleet, (last flight 10 September - return 12 September). If this is indeed non-recurring this will have a strong positive impact on the 2015 underlying profit after tax.
3. Capacity growth of 6% this year
4. Moving to a young and very fuel efficient fleet.
5. fx and fuel hedging currently providing a benign operating cost outlook notwithstanding significant geopolitical risk around the globe.
I assume there is always a level of uncertainty, but with the special div and the fantastic overall result is the SP expected to go up quite a bit before dropping back down after the record date?
Also is the special div on top of the final one. Or is it instead of.
Thanks
- newbie here, this is the first (and only so far) stock I've bought.