Ouch...no wonder I woke up at 4am this morning.
Good questions bjauck hopefully we know soon
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Ouch...no wonder I woke up at 4am this morning.
Good questions bjauck hopefully we know soon
It'll be interesting to see where and with what.....they have (had) an in-house policy wrt AIR of 'don't poke the bear' but perhaps that time has arrived?
Interesting to see how the day plays out...is it really going that bad or just few jitters in the short term. Keep in mind though the FY results won't be impacted that much as we're almost at the end June month. I see good bargain at the current low price levels....
Unfortunate timing on a weakened SP, could be seen in hindsight as a bargain come August results though.
Wonder if Roger has his hammer going
A good example of Yin and Yan.!!
The share price goes down ,the yield goes up.!!
9.32% at present.
To make an educated guess where Queer and Nasty Airlines(cheap sheep shaggers division) will run thier dashers, ask yourselfwhere do they currently fly to and where are the gaps in this matrix?
CHC --> DUD
CHC --> ZQN
WLG --> DUD
WLG --> ZQN
They are a viable replacement for A320's on the WLG --> CHC sector freeing up this metal for other main trunk routes.
Boop boop de do
Marilyn
http://www.stuff.co.nz/business/indu...stic-expansion
I see John Key is making the announcement... Still a little upset he didn't get invited to AIR's club? :p
No...very close though. I went to the doctor's this morning in blissful ignorance of this pending announcement to get a new 3 month supply of blood pressure pills....looks like I should have asked for a higher dose subscription...
That said, I hate Jetstar, (I euphemistically refer to them as Jethole) their existing planes are old and crappy, their seat pitch is the smallest in the entire aviation industry at only 29 inches, their staff are grumpy...just a horrible tin can in the sky. Some people will choose to fly on their new regional routes because of the cheaper prices and it'll probably grow the market overall. Virgin are flying on Qan's routes...lets settle a little here folks.
I guess in the absence of any knowledge about exactly what's planned we have hit a pretty sizeable air pocket. Fortune favours the brave !!
Well, the yield only goes up IF you buy at that price and IF the profit holds up under increased competition. On the other hand, you never lose taking a profit. Extra competition from a cut price airline expanding its capacity - I don't see that as a road to a golden era for shareholders (of which I am still one, though less so).