Okay I see where you're coming from but still reckon you're whistling Dixie. I suppose its only natural that AIR's competitors are looking to take market share bringing in tourists to Chch seeing as many probably have the South Island's attraction's as their main agenda here. I'm not sure whether Chch's outbound Kiwi market in terms of its size is especially supportive of major route expansion but perhaps when they finally get all their "Dream"liners working properly again ?
Anyway...speaking of dividends, anyone quick enough to snap up some shares at $3.15 at the open on Thursday morning after reading the investor day briefing has done pretty well in two days of holding, up 16 cps ! I think they were pretty sound value at $3.15 first thing Thursday and its amazing how quickly the market gapped up to fair value isn't it ! Poor shareholders relying on analyst updates...by the time they receive the updated recommendation from their brokers the anomalous pricing has disappeared.