Thanks guys. Yes that helps. I know it's a bit of a guessing game but keen to hear people's estimates.
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Thanks guys. Yes that helps. I know it's a bit of a guessing game but keen to hear people's estimates.
I'm looking for 25c in total fully imputed, would be happy with that. Under 20c would be a bit lean IMO.
Air rated in the top 3 airlines worldwide by TripAdvisor out of 66 carriers(Not really a surprise to some of us aye) Meanwhile Jetstar rated one of the worst but hey no surprises there either.
AIR quit Virgin at a big loss, it's only greedy shareholders who cast that loss aside on the assumption that AIR will pay the capital less losses back to the shareholders as special dividends, rather than make good on their promise to invest shareholder capital in earnings accretive investments. Big fail imho. Maybe they have run of ideas and flick the residual value back to shareholders, maybe they won't. If they do it will confirm AIR's lack of investment nouse and non-domestic growth potential. Imagine how that looks to their international competitors, bowing out on the whim of a disgruntled CEO with a grudge, passing growth capital less losses back to shareholders. I bet those competitors are laughing their heads off watching AIR revert back to being a bit player in NZ reliant on gouging super profits from their monopoly domestic network.
Not forgetting the government (as majority owner) maybe whispering in their "air" saying we would like a bit of cash please!