Certainly are, naturally they are also on lower pay rates so I guess that would not be a motivation for AIR :-)
Whats is on my mind today is when would be likely to get wind of the dividend and quantum...thoughts please.
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Financial Calendar on the Air NZ web site (http://www.airnewzealand.co.nz/inves...ncial-calendar) says annual results will be released on 26 August, so probably about then.
Hmmm, thought it was going to be a little sooner than that.
Read on the Travel section of NZ Herald today that on Air Asia Seat only option means just that! No tea/coffee or even water - pay to use the toilet as well I wonder maybe next, hang on, won't need it, can't drink anything :-)
Not exactly competition, but price is a factor
Speaking of which, wish I had bought some AIR at the 2.02's or there abouts - seems to be holding around 2.15's at present as has been mentioned
Anyone thinking of flying them or any of the other discount airlines should head over to www.seatguru.com and make sure they fit inside the tiny space envelope they expect you to shoehorn your way into.
Regarding old v young pilots.
A feature of recent airlane fatalities like Air France and Air Asia Indonesia is a lack of flying ability in modern pilots when the super duper, computer contolled, fly by wire flight systems say to the pilot "I havent a clue whats is going on. I am giving up and handing control over to you"
Inexperienced pilots are then making bad decisions and probaly hoping for a big red reset button on the control panel like the in the virtual reality video games they were playing as they grew up.
A pilot who had wind in his face experience in a bug smasher aircraft would instinctively know how to fly by the seat of his pants.
Boop boop de do
Marilyn
This I agree is an issue with some younger pilots trained by other airlines. Airlines who can often base their training predominantly on simulators..one presumes experience before that was on playstation games which generated the initial interest in flying. Thankfully in N.Z. we still have a culture of training pilots through established flying schools on real aircraft. http://www.aviationinstitute.co.nz/a...e-preparation/ http://www.southernwings.co.nz/
The over 65's can't operate international flights as the FAA mandated age limit for US airspace is 65.
Despite this, the majority of these pilots remain highly competent, and those who choose to, convert to the 320 in the prescribed amount of time.
Why should they retire if they still meet the standard and choose to continue flying?
You can't always fly an airliner by the seat of your pants, certain aspects of the flight envelope (e.g. high speed stall) are counter-intuitive if you've flown only little planes. This being said, it is true that there have been too many recent cases of crashes caused by pilots showing poor practical understanding of their plane's situation.
Basic principle of flight (for all of us armchair pilots): if you push on the stick, houses get bigger. If you pull on the stick, houses get smaller. But if you pull on the stick too much, houses get bigger again.
XAL index up 4.5% overnight. I have been of the opinion it is more exposed to fuel prices than AIR with us being able to hedge, now the consensus on oil prices outlook is much more subdued one would think this could benefit AIR. There does seem to be over the long term average correlation between AIR and the XAL.
Maybe we are getting closer to some decent gains for an undervalued company at present.
I have no problem with them flying if they can retrain on an A320. If they fail the required retraining its time to retire...Yep, some BIG gains overnight in the XAL index. The markets are at record level's and the world is NOT ending anytime soon. I would hope AIR's SP would respond soon especially as QAN had a good day yesterday.
Wouldn't that be nice, I think sentiment still weighs AIR down but Brexit aside, AIR has been ready for a bit of a comeback. The 50MA is 2.185 so if it gets over that in the next day or two it is another reasonable sign. I'm no expert on charts and have been trying to learn more about them but the more experienced like Baa Baa and Hoop still have some reservations but at least not predicting doom and gloom.
Attachment 8158
Share price and Bollinger bands chart looking good too.
Attachment 8160
not so sure ... does this really look like an emerging uptrend to you?
Attachment 8159
I guess - yes, we (just) managed to get over the MA30 (red line), but volume appears to peter out already and the relative strength (lower blue line) indicates (if anything) more an "overbought" than an "oversold" situation.
Sure - anything can happen (particularly with the markets feeling bullish), but personally I would not bet the farm on AIR moving from here into the stratosphere.
Discl: No (material) interest in AIR - and as usual - DYOR;