AIR - Air NZ.

[Baa_Baa]

Apparently many Adele fans flew into Hamilton and drove through to Auckland because airfares were much cheaper to Hamilton than flying to Auckland

Hope heads roll in AIR HQ for allowing this to happen - not maximising profits at peak demand times

Not good enough - hope they don't take the eye off the ball when the Lions are here

Very funny winner, like Air have a questionnaire on their booking system .. "why are you flying to Hamilton?", answer 'to drive to Auckland for Adele' .. "sorry potential customer, your booking is denied". Lol, what a comedian.

Not sure those Hamilton arrivals actually made it to Adele anyway after the crashes delayed travel between Hamilton and Auckland?

[JeremyALD]

AIR really does charge ridiculous prices sometimes. On flights for work from Auckland to Wellington at peak times it's $350 one way or $700 return. That's​ quite simply ridiculous when you can fly to Australia for less, however I guess it's smart business practice if people are willing to pay it.

[Marilyn Munroe]

Apparently many Adele fans flew into Hamilton and drove through to Auckland because airfares were much cheaper to Hamilton than flying to Auckland

Hope heads roll in AIR HQ for allowing this to happen - not maximising profits at peak demand times

Not good enough - hope they don't take the eye off the ball when the Lions are here

I can assure you that there is a computer within Cullen Airlines whose job it is to notice a surge in bookings to Swampy Hollow and increase the price of the remaining tickets. Welcome to the wonderful world of yield management.

This same computer knows that on a weekday morning there will be a flood of civil servants businessmen and travelling salesmen who want to leave the big city to visit the capital city or the provinces do their calls and be back in the big city in time for dinner. Thus the air fares that JeremyALD complains about.

Boop boop de do
Marilyn

[sb9]

That big wall of 400k odd shares sitting at 2.30 just got knocked off.....

[JoeGrogan]

That big wall of 400k odd shares sitting at 2.30 just got knocked off.....

Wow wouldn't have picked that with the way the market is at the moment.

[arc]

That big wall of 400k odd shares sitting at 2.30 just got knocked off.....

Interesting move.... someone is being cautious, and others are following the euphoric market.

[couta1]

Wow wouldn't have picked that with the way the market is at the moment.

The big boys are back for a bit of a play.

[Beagle]

The big boys are back for a bit of a play.

Some Australian investors appear to think AIR's SP at N.Z. $2.30 is relatively good value compared to Qantas at nearly $A4.00 and its hard to disagree, perhaps explaining why it got a kick up today.
According to average analyst estimates on 4 traders QAN currently trades on a FY17 PE of 7.93 v AIR of only 7.02.
Curiously both trade on a forecast PE for FY18 of 7.5 so according to analysts, (if you believe their forecasts for FY18) the relativity of the two share prices is about right.

[Marilyn Munroe]

Long term viewers of this thread will be aware I have made repeated calls for John Key to sell the governments share of Cullen Airlines.

Quelle Surprise! The OECD has published a reform agenda paper recommending this;

http://www.oecd.org/eco/growth/Going...aland-2017.pdf

Will the Double Dipper from Dipton follow the advice of policy wonks from Paris?

Boop boop de do
Marilyn

PS Maybe when the Sheik of Etihad, His Excellency Mohammed Al Mazouri learns of this recommendation he will be winging his way to Aotearoa bearing Bill gifts of gold frankincense and A320-NEO options.

[777]

Seems like they are as misguided as you.