Given the info. in post 7353, you may have a point, although they may get cut out of the China market/share somewhat from what is developing at VAH. I thought the strategic alliance with VAH is up for review...
Printable View
https://blogs.crikey.com.au/planetal...e-towers-fell/
Have a chuckle - those were the dark days for our National Airline and Aunty Helen came to the rescue. A lot of money was lost and made. The biggest losses were mostly made by SIA and BIL, and the biggest winners were the government and those brave enough to buy the shares when they got down to 12 cents!
Thanks mate.
http://www.nzherald.co.nz/business/n...ectid=11670266
Surely I am not the only one that finds it interesting that a judge knows more about landing safety than the Airline Pilots association representing its 2,000+ members.
Those passengers arriving on long haul flights into a 50 knot storm in Wellington can really rest easy during the landing process can't they :eek2: Thankfully I will never be one of long haul passengers, (landing on a domestic flight into a storm of such magnitude is enough to frighten the life out of me).
I'm waiting to see their green (electric) aircraft!
;)
Recently purchased return flights to Paris - 3 tonnes of carbon dioxide per person. I used to fly gliders as a hobby and, as an alternative to the tow plane, we had a big winch that would get you aloft. Now that's what AIR need if they really want to go green - a whooping great electric winch = zero carbon take-off.
Director buying a few today....goodo
Ole !!..
The market needs such Toreadors as you..
http://www.bing.com/videos/search?q=...E091&FORM=VIRE
Yes indeed - Qantas is not the basket case it was in 2012 and 2014. Now it is VAH which is flirting with being a basket case.
VAH desperately needs an airline like Air NZ to feed transtasman passengers into their Oz domestic routes or get squeezed out even further by the twin pincers of Qantas and Jetstar there.
Air NZ has played the game well this time round.
Branson is remarkably quiet these days now that his hope for a full takeover offer, triggered by Air NZ exit, is gone.
The Branson era is well and truly over for Virgin.
Agree 100%. Virgin's gearing is an ongoing concern for anyone left who cares. With circa half their capital raise going in restructuring costs I estimate they'll be close to a 3:1 debt equity ratio after raising just over $1b and that for an airline which has predominantly leased aircraft and currently struggling to break even.
Interesting comparison to AIR which I estimate is currently running around 1:1 debt equity, most of their planes are owned and they're currently highly profitable. Branson owns a pup.
I hope AIR dump their remaining shares as soon as they've signed a renewed code share agreement.