And backwards we go...
https://www.stuff.co.nz/business/ind...-reviews-fares
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And backwards we go...
https://www.stuff.co.nz/business/ind...-reviews-fares
AIR share price drifting a bit today after yesterday’s profit downgrade.
Is it time to start saving up for when it’s back in the 220s
Luxon’s days at AIR maybe numbered
Rumour is he is being ‘parachuted’ into Botany by the Nats in next year’s election
LinkQuote:
Air New Zealand is reducing flights on domestic routes and reviewing airfares as tourism slows and operating costs rise.
When the execs are freezing their pay packets you know things are bad!
Could be a bit embarrassing for AIR if John boy forced out of ANZ for bad governance / oversight
But many directors are only it to feed from the bottomless trough ...is that the term
https://www.stuff.co.nz/business/113...esign-from-anz
Talking of politics wonder if any substance to that rumour Luxon being parachuted in as a National MP
Talking of politics wonder if any substance to that rumour Luxon being parachuted in as a National MP[/QUOTE]
Luxon says he's not interested at present. However, some in National party must be desperately searching for another J.K.
https://www.msn.com/en-nz/news/natio...cid=spartandhp
Shocking.
Big fall in oil prices in May. I reckon AIR about fair value at present and continue to hold a modest position.
22 cps fully imputed dividend (which I think they can maintain in the years ahead) gives a 12% gross return at $2.55 (rounded, actually 2.5463). I think those looking for this to go down to $2 or close to that are going to be disappointed again but predicting the future is like predicting the weather so as usual time will tell.
A lot depends upon how much more damage the loose cannon Trumpet does to international markets...he just never shuts up...so almost anything is possible I suppose.
Well done AIR ....recognised for its diversity and inclusivity in the global airline industry
Pretty telling photo of IATA members head honchos
https://www.nzherald.co.nz/business/...ectid=12236892
Share price inching ever closer to $2.20 for this cyclical stock heading to its worse earnings for five years
Dave topping up the housekeeping kitty
http://nzx-prod-s7fsd7f98s.s3-websit...526/301151.pdf