It nice to see AIR NZ doing so well.:)
The days of sp decreases look gone for now .
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It nice to see AIR NZ doing so well.:)
The days of sp decreases look gone for now .
Listened to Rob Fyfe speak at a leadership function about a fortnight ago - quite inspirational, seems like he's got things well under control over thereQuote:
quote:Originally posted by kiwigold
Yes, up ,up and away ................this stock isn't popular on this forum , but I dare say some of the detractors here may be kicking themselves now.:D:D:D
BRICKS has always called AIR a winner but NZ full of knockers with NO money, take RBD a knockers paradise you got to take a chance if you wait for a chart to make the move your missed the BOAT..
$2.60 something you must have your hart in your hand but best of luck to the winners.. [8D]
Not too far away from doubling my dosh.Quote:
quote:Originally posted by rmbbrave
http://www.stuff.co.nz/3956643a13.html
The jobs of 1850 Air New Zealand front-line staff are up in the air as their employer weighs up contracting out the work they do to a Spanish firm. Alan Wood reports.
Air New Zealand's proposal for front-line work to be outsourced to a consortium led by Spanish firm Swissport created an uproar among ticketing and baggage and service staff when it was announced in October.
But if Air NZ's turbulent staff-management is set aside and the airline is judged by its share price alone, it is on the right track, analysts note. Its shares are close to recent highs. The shares closed yesterday up 3c at $2.19.
And I bought in at 1.43
Air NZ shares soar
Air New Zealand shares soared to their highest level since September 2003 yesterday, thanks to cheaper fuel and the airline's improved performance.
The shares rose nearly 7 per cent or 17c to $2.67, easing back 2c at the close of trading. The last time they were higher was three-and-a-half years ago when they hit $2.98.
The spike follows an Air NZ update and industry conditions which one analyst called a near "perfect confluence" of factors.
Group-wide yields improved 10.1 per cent for the year to date, and the airline's March passenger load factor – the proportion of seats filled – improved by 7 percentage points compared to a year earlier.
That lifted the load factor to 79.5 per cent – the result of an 8.3 per cent increase in traffic numbers despite group-wide capacity reductions of 1.3 per cent, Air New Zealand said.
Centre for Asia Pacific Aviation executive chairman Peter Harbison said this week that Air New Zealand had been doing the right things for the past couple of years.
"It's really quite impressive," he said.
Along with focusing on costs, the company had been quite good at pruning unprofitable routes, and the strong New Zealand dollar had lowered its jet fuel costs.
Mr Harbison said the airline industry was also enjoying a sweet spot.
Economies were strong, generating business, at the same time as the airline industry was a little deprived of capacity, as few new aircraft had gone into service.
So the average number of passengers on each flight had gone up, leading to an increase in average fares within the industry, which went straight to profitability, Mr Harbison said.
However, Air NZ had some potentially large competitors, including Qantas subsidiary Jetstar and Virgin Blue, and the possibility of Tiger Airways looking across the Tasman after establishing itself in Australia.
Air New Zealand was vulnerable on the trans-Tasman route, which was a disproportionately large part of its activities, Mr Harbison said.
"It's a good time to be positioning well and I think by adding capacity to their own fleet, they're (Air NZ) sending out a signal that we're not going to surrender the fort very easily."
http://www.stuff.co.nz/4032854a13.html
WELL next Friday 4th May 2007 BRICKS returns to NSW yet again to try his luck on the market and leave behind his new Mazda and return to the Commodore this time will trip to Brisbane to see whats going ON.. [8D]
Doubled!Quote:
quote:Originally posted by rmbbrave
Not too far away from doubling my dosh.Quote:
quote:Originally posted by rmbbrave
http://www.stuff.co.nz/3956643a13.html
The jobs of 1850 Air New Zealand front-line staff are up in the air as their employer weighs up contracting out the work they do to a Spanish firm. Alan Wood reports.
Air New Zealand's proposal for front-line work to be outsourced to a consortium led by Spanish firm Swissport created an uproar among ticketing and baggage and service staff when it was announced in October.
But if Air NZ's turbulent staff-management is set aside and the airline is judged by its share price alone, it is on the right track, analysts note. Its shares are close to recent highs. The shares closed yesterday up 3c at $2.19.
And I bought in at 1.43
TRY selling a large number at these prices and see how weak the stock is in turn tumble current t/o numbers are low all that is needed is one institute to pull the PLUG.. don't WAIT.. [8D]
AIR NZ's chart is looking pretty good. Its broken out of its trading range on April 20th and has tested the upper line a few times since, so its seems to have found good support.
44 million went through pre market this morning at 270.
Qantas off loaded.
Would this translate into QF diminishing hope of code-share with Air NZ.[?][?]
DID the sun come TODAY.. [8D]Quote:
quote:Originally posted by Viking
Would this translate into QF diminishing hope of code-share with Air NZ.[?][?]
[quote]quote:Originally posted by BRICKS
DID the sun come TODAY.. [8D]Quote:
Originally posted by Viking
Would this translate into QF diminishing hope of code-share with Air NZ.[?][?]
[/quot]
[:I] Though freezing~ the sun shines particularly bright in this freezing winter day~
O well, there will be a blood-bath considering all the airlines operating in this region, and most noticible the EK (Emirates) who just bought all the naming right of a couple of big visible events~ Team NZ in the America's Cup, the Melbourne Cup~
Not very good news for Air NZ... though the good thing is they are code-sharing with Air China from 01JUL~ may help their strentch into China~
Why cant i find the air thread -- the cross-eyed puppy will delete this if someone comes up with the old one.
i'm surprised at the drop in AIR, and assume it is because of the chartered flights carrying soldiers to Kuwait. Is this the small investors' ethics vote?
i note, however, that the slide began three months ago. surely the quarterly ~7% increases, and the announcement of buying four 777s didn't contribute.
i sold over half my air last week, and am looking to buy back in -- when i can get to the bottom of the slide. i've been overseas for over three months -- can someone tell if there've been any fundamental changes. cheers scamper.
Air NZ getting a pasting based I guess on the prospect of competition on the domestic side of their business down now below $2.00 from $3.2 earlier on in the year Darnnnnn!!