Does not seem to get in the way of him doing a damn fine job of running an airline, though there will be those who disagree.
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Most of those are staff and unions. Shareholders are generally quite happy - QANTAS has done a fantastic job of keeping their balance sheet as in check as possible over COVID, and keeping shareholder confidence (and share price!) up.
Makes me wonder if AIR would have fared better if Luxon were still in the pilot's seat.
Current SP looks a bit offensive .. ;)
How nice ...Grant sends Therese a letter
Is it a telling off? Or do as I say or else?
Maybe Theresevp will understand what it’s all about
http://nzx-prod-s7fsd7f98s.s3-websit...392/343886.pdf
And they now deferring capital raise to September
And Shylock reduced interest rates
reads very much like a power play of "you only exist because of us so do what we tell you or else"
also an underlying tone of socialism and not much mention of being a business needing to make a profit - that comes across as secondary to providing a bus service for everyone and their goods and being responsible for everything under the sun and could you please do all that in a capital efficient manner.
Foran must be loving it in socialist NZ! Compare AIR's position to Qantas
delayed capital raise lol
lets make it even bigger so we can repay the govt facility from the capital raise
If you are representative of everyone (I know you won’t be, who knows what it is actually like) and one quarter of transtasman flights is paid for by credits rather than cash, their cash position will worsen by running the flights. Although obviously will see an immediate increase in cash as it is paid up front.