AIR - Air NZ.

[Beagle]

Last I remember analysts calling on AIR was on a share price less than $2 and then it jumped over $3. I tend not to listen to outside noise too much. The so called analysts have not been kind to AIR.

I agree with that and note in most cases they simply follow what the company is telling them. I spoke with Chris Luxon after the annual meeting and he assured me he is very confident about prospects going forward. Taking into account the RPK yield information in their monthly operating stat's, the fuel price and the amount of forward cover they have both for currency and oil I don't have any concerns at present and any reason to doubt Chris Luxon's word and I think AIR shares are a sound hold at the current price.

[dobby41]

I spoke with Chris Luxon after the annual meeting and he assured me he is very confident about prospects going forward.

I don't know who you are but I doubt he would say otherwise!
One message for everyone else but a different one just for you? I don't think so.

I don't doubt his word either by the way.

[Beagle]

I quizzed him on a number of matters and concerns not discussed during the annual meeting, that's the value of attending the meeting in person.

[winner69]

https://www.stuff.co.nz/travel/trave...-engine-issues

These new(ish) Dreamliners seem a bit unreliable

Probably just me but when AIR has a problem that goes public it’s aalways seems to be a Dreamliner

[Beagle]

I watched an amazing video of how Rolls Royce build those Trent 1000 engines. 30,000 individual parts many of which have to be baked specially to withstand the temperature.
Inevitable on the odd occasion there is a problem and from other media reports https://www.msn.com/en-nz/news/natio...cid=spartandhp it would appear the staff handled it with aplomb.

[Snow Leopard]

https://www.stuff.co.nz/travel/trave...-engine-issues

These new(ish) Dreamliners seem a bit unreliable

Probably just me but when AIR has a problem that goes public it’s aalways seems to be a Dreamliner

Today's announcement [https://www.nzx.com/announcements/311575] says RR engines not up to spec and they are now short of working engines!

[Mush]

Those Trent 1000s are terrible engines. ANA had their whole dreamliner fleet grounded last year

[winner69]

https://www.stuff.co.nz/travel/trave...-abnormalities

Quite a few flights cancelled next few days ...hmm

[winner69]

Are planes like cars ....once a lemon always a lemon?


like once broken always sort of broken

[Beagle]

http://www.scoop.co.nz/stories/BU171...eqirements.htm

More info..appears there have been two engine events.