Very attractive to the intrepid traveller. You're all sorted now Skid :)
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Keep a keen eye out folks for the Dec operating stat's...must be due out shortly.
Qantas also did less than a grand return to LA for the school holidays..that is a saving over 1k per seat..that will sort out the accommodation for a family for a week...sure not direct however for a family the Sydney layover (if one) is not so bad with CBD reached in 16 minutes via train...
There must be a LOT of backsides on seats as its taking them quite a while to count them :)
Its a very rare occurrence mate...a clear and sustained break above a very long term resistance level, ($3.10) and on reasonable volume considering our Wellington friends have been lying on the beach. Another new 13 year high. So a clear very strong technical signal to support very strong fundamental's with the stock even at $3.20 trading on less than a PE of 5 (on my estimate inclusive of VAH earnings).
Qantas must have some spare seats from Wellington ..... presumably a stopover in Sydney as opposed to flying to Auck with Air NZ. This looks cheap though ..
http://www.houseoftravel.co.nz/hot-d...antas-asia-wlg
http://www.nzherald.co.nz/business/n...ectid=11579335
Qatar airways....
I had a quick look at a theoretical booking to Singapore departing 1 August, returning a week later. The cheapest flight departs at 6.25 a.m. meaning a 3.30 a.m. ? set-up for the alarm clock and there was a lengthy stopover in Australia for a total of 19.5 hours travel time. Very gruelling day. Over 20 hours on the way back departing just before midnight in Singapore and another lengthy stopover in Australia. Stopovers with shorter duration and departures at more sensible hours were dramatically more expensive.
Anyway on the competition thing in general. I think most of us are cognisant that cheap oil = more competition and cheap travel deals.
Perhaps its a good idea to have a separate thread in the off market section that covers all the cheap travel deals out there, not just airfares but cruises and any other specials that might interest people ? I'll start it, see here http://www.sharetrader.co.nz/showthr...738#post604738
Another reasonably solid day even with ASX being closed today. must be in anticipation of those Dec strong stats along with some hints about HY results trading update perhaps....
One thing the operating stats will say is group yield is down.
No worries - with long haul growing much faster than short haul group yield must fall (much higher yield on short haul v long haul)
Thing to assess is what revenue growth will look like.
Nicely observed Winner. In the last 12 months operating stat's have always been out before 26th.
The bean counters must have been enjoying their Riviera launches this summer and the fishing just too good to come home...either that or the numbers are so good they're double checking :D