If you want to see what John Key did in the 80s, this is worth a watch, for nostalgia value, if nothing else.
https://www.nzonscreen.com/title/close-up-big-dealers-john-key-1987
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If you want to see what John Key did in the 80s, this is worth a watch, for nostalgia value, if nothing else.
https://www.nzonscreen.com/title/close-up-big-dealers-john-key-1987
Best airline in the world.
http://www.nzherald.co.nz/travel/new...ectid=11934634
He did both. He was a dealer at Elders Merchant Finance in Wellington (the video is of that trading desk), then Bankers Trust in Auckland before moving overseas to run the ML trading team in Singapore and eventually NEWYAK. There is no question he is a business head of the highest calibre, and had an extraordinarily good nose for working out how the FX market was positioned, and acting accordingly. It was a very tough business in the 80's
wonder if AIR will achieve the levels of growth of that QAN expect in H1
QAN revenue growth >5% whereas it appears as if AIR is <5%
The Listener front cover
hmm .... might give it a read
WILL FYING COST US TOO MUCH
The threat to Kiwi holidays
Oil creeping up and $Kiwi going down means the cost of flying must increase or airline profitability will decrease.
Brent crude passes $60 per gallon and the weakness of the NZD/USD also affects the price of oil is probably why the share price has come back a touch. I guess this is where the theory comes in of having more efficient planes actually comes into play.
The thought is more efficient planes will price AIR NZ better, relative to its competitors because the age of the fleet will cause older carriers to be less price competitive. Lets see how this plays out..
Just sold my last block of AIR I bought on 13/10/16 for $1.715c. Made $1.585c profit. A good company and will get back into it next year. In the mean time back to a2:).
Do you think the tide has turned on AIR see weed? Looking at the chart, is this what TA'ers refer to as a head and shoulders pattern forming?