Fiddling with environmental / Iwi stuff while Rome burns ? You be the judge...
http://www.scoop.co.nz/stories/BU180...-agreement.htm
I am sure Shane Jones will be happy so shareholders should be ecstatic too, right ?
Has Air New Zealand got its "Dreaamliner" PR stratagy right ?
Excellent article behind the paywall on NBR this morning. NBR earned their sub this month just with that one article alone.
Its deeply concerning that no director or the CEO will engage with the media over this at present.
Apparently its far more important for the Board to be meeting Iwi in Gisborne to ink a new regional development program including buying their carbon credits than to front foot this serious fiasco with the public or media at this time.
AIR claim this will not affect their 2018 earnings.
I think they're being disingenuous with the public and shareholders over how long this overhaul fiasco will take...it is absolutely certain all those Trent 1000 so called Package C engines will require overhaul and with Rolls Royce scrambling to try and deal with approx. 340 of these engines its quite possible this fiasco takes considerably longer than anyone's currently thinking.
I think this is certain to impact 2019 earnings as customers either lose confidence or get sick and tired of the delays and rescheduling.
Customer goodwill only lasts so long and is already stretched from more than four months of this fiasco. How will customers react if there's another 12-18 months of substandard service from the likes of Hi Fly ?
AIR managements refusal to engage with leading business journalists from NBR despite repeated requests is very troubling. Not much point in me emailing Chris Luxon and telling him he's making a complete hash of this, its perfectly obvious he is and I am sure I wouldn't get a reply.
Tony Carter doing a "great job" on the FBU board too.
Keeping just enough shares so I can bleat louder than a lamb lost from its mother at the annual meeting.