Interesting...this carrying extra fuel so you can burn more fuel in the same trip...bit like a dog chasing its tail. Pity all the folks down the back on these ultra long range flights in DVT class
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Emirates confirms an order for 40 x A330-900 and 30 x A350-900, all with Rolls Royce engines, Trent 7000 for the A330 and Trent XWB for the A350. Faith in RR obviously still there despite the recent debacles
I expect a result in the lower end of the range and perhaps a dividend cut while we maneuver through this engine issue. Interesting to see what they say on the forward bookings considering that passenger growth is not where it should be.
We went through a small goldilocks period there of impressive tourist numbers as well as really cheap oil and I think this is more a reversion to the mean.
I expect a result in the lower end of the range and perhaps a dividend cut while we maneuver through this engine issue. Interesting to see what they say on the forward bookings considering that passenger growth is not where it should be.
We went through a small goldilocks period there of impressive tourist numbers as well as really cheap oil and I think this is more a reversion to the mean.
looks like they might be trying to stimulate forward bookings .....
Quite a bit of chat on Duncan Garners show about big reductions - 50% - coming on domestic airfares to regions. Jacinda seemed to be well in the loop as well in a subsequent interview........
Quite a bit of chat on Duncan Garners show about big reductions - 50% - coming on domestic airfares to regions. Jacinda seemed to be well in the loop as well in a subsequent interview........
Sounds like ALL regional fares to be slashed by 50% ....a game changer
I think excitement has got the better of Garner et al
Only real change if Government has influence behind this. Not great for the minority shareholders if the case. This current AIR management, if allowed their own way, it will be more like smoke and mirrors resulting in a marketing pitch at best.
Only real change if Government has influence behind this. Not great for the minority shareholders if the case. This current AIR management, if allowed their own way, it will be more like smoke and mirrors resulting in a marketing pitch at best.
As I said....Jacinda seemed to be well in the loop on the changes. Even tho it is a publicly owned company. She would have been better to have “not known”. IMO.
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