I can offer you a good deal on an original copy with my paw-print on it.
Best Wishes
Paper Tiger
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The latest stats are indeed good, but they are history.
Yes I think NZ has a strong point as a tourist destination being perceived as a fairly safe destination. But a large chunk of our tourists are from Europe and they almost all travel via Asia. If Lufthansa, Europe´s biggest long hau airline, is saying they notice a big drop in forward bookings to Asia, I am concerned about the effect that will have on the NZ toruism business.
Even though I am not interested in debating the merits of commentors on here, I totally agree with posters who have said we need differing views on this forum. I particularly agree with Black Peter´s great post 7764.
PT provides much to this forum
A lot of Europeans now coming thru EZE. I suspect this is why AIR is increasing capacity on this route.
http://assets.amuniversal.com/86d86e...bd00163e41dd5b
The Air New Zealand board is one of the least experienced, in the aviation field, in the industry.
Only Paul Bingham has put in real work at an airline and that was with Air New Zealand.
Even Mr Luxon himself admits that he is not an aviation man, his experience is limited to his time at Air New Zealand.
He might, but then again he might not.
Then again, again, there may be a few insights that he missed.
Best Wishes
Paper Tiger
Disc: Have visited the Flying Tigers Museum in Chongqing.
"The Air New Zealand board is one of the least experienced, in the aviation field, in the industry.
Only Paul Bingham has put in real work at an airline and that was with Air New Zealand. "
Hmm, the AIR board don't seem to be doing too badly for relative amateurs do they? They operate a very efficient commercial airline, have thought well about the future in that the fleet is very up-to-date, they make a reasonable profit even in the current climate competing against an increasing number of more experienced competitors - and all this accepting that they may have missed again and again and again valuable insights from VAH.....
Yes, I would like the SP to soar, but no one has ever said that flying was always smooth, with a tailwind.
Very proud shareholder!
Norm Geary did not have an aviation background. Nor did Ralph Norris or Jim Scott. Rob Fyfe's aviation background was as an RNZAF engineer.
It is about running a business, not a flying school.
Historically stock rises nicely post result and I am guessing this time will be the same
VAH would have given C.L. many insights into how not to run an airline. VAH's balance sheet and operating position is still very weak and vulnerable even after the capital raise. Their CEO has fiddled for six years while Rome burned. Very happy AIR is down to 2.5% and their unsecured shareholder loan to them has either already been repaid or is about to be out of the cash issue proceeds. That circa $A130 shareholder loan is about $137m Kiwi and would be a good start (circa 12 cps) towards funding our special divvy :)
From a pure business model I think management would have ditched the international arm of AIR a long time ago. The return on investment is just not there.
AIR's international Ops is more about Branding for the Govt, waving the NZ flag and supplying customers to the profitable side of the business. I don't think it really matters who brings the tourists to NZ as long as they get to fly domestically.