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
Domestic which is the profit centre is stagnating (already been addressed by this sale) but they seem to be winning the war on the Tasman which should compensate. Anyone seen Qantas or Virgin's Tasman stats?
Interesting that Auckland Airport's latest passenger growth shows a very anemic gain of only 2.4% and the domestic is worse at 2.0%. The tourism boom that we've experienced is set to end now and I think the move in prices down domestically might just be to stop the bleeding now.
Better off to break even or eek out small profits on those certain flights by selling them cheap than taking the hit..
Facts Average load factor for the year to date 83.5% v 82.5% last year.
Year to date revenue per available seat kilometer up 2.1%. Response Oh my goodness the world is ending, tourism as we know it is over, the sky is falling and the end of the airline is nigh... (sarcasm intended).
Last edited by Beagle; 26-02-2019 at 09:07 PM.
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
heading lower i reckon over time , new price war will impact results going forward as well as slowing demand
Not to mention Jetstar here serving the provincial so well thus far. They are innovative, polite, and honest. Not arrogant or dodgy. Always travel them when I can. Hoepfully they will start flying out of ChCh too soon.
Originally Posted by Beagle
Must be time to bait a few people with a few cheap domestic fares
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