AIR - Air NZ.

[BlackPeter]

What’s the cost of putting a chunk of your fleet in cotton wool and not flying them cause no passengers

Whats the cost of having lots of staff idling their thumbs? Obviously - they can get rid of them (like forestry industry seems to plan), but might be more difficult for them to find trained replacement staff when the tide turns?

[Bjauck]

What’s the cost of putting a chunk of your fleet in cotton wool and not flying them cause no passengers

The aircraft boneyards may do a good business?
https://en.wikipedia.org/wiki/Aircraft_boneyard

[Sideshow Bob]

Hiring ban....

https://www.stuff.co.nz/business/industries/119776851/air-new-zealand-imposes-hiring-freeze-in-some-areas-due-to-coronavirus-union-says

[winner69]

Seems all the PR work around this great innovative Nest thing (that’ll never fly) is aimed at distracting the media away from their tumbling profits

[Independent Observer AUNZ]

Its no secret so I'll post it - I use CMC Markets who provde CFD's Contracts for Difference on a large number of international securities.
And though I get utility from their service it is worth commenting that two respected posters here have not been happy with them.
DYOR on both CMC and CFD's

Thanks peat

[winner69]

Make $101m profit and give shareholders $124m in divies

Suppose that’s good use of the cash from all the cancelled flights .....transfer of wealth from non flyers to shareholders

[Joshuatree]

The aircraft boneyards may do a good business?
https://en.wikipedia.org/wiki/Aircraft_boneyard

Aircraft boneyard love it. Looks like it would make a great wallpaper pattern

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...043/317643.pdf Cut through all the talk and go straight to page 9 which shows how the interim profit has tracked down, down, down year on year for the last 5 years and then think about the outlook.

Like you Winner I am surprised they are paying out more in dividends than they earned, especially in the very much heightened risk environment. I'll leave it to others to judge whether this is bold or reckless. I'm not planning to do much analysis on this result as it should be crystal clear the outlook is "extremly challenging"

[bull....]

flight centre release saying significant hit to earnings hoping 2021 is better but no idea really

https://www.asx.com.au/asxpdf/202002...ww3nxy2m20.pdf

[RTM]

flight centre release saying significant hit to earnings hoping 2021 is better but no idea really

https://www.asx.com.au/asxpdf/202002...ww3nxy2m20.pdf

Really ? No idea ?
They do say...
“Currently expecting significant 2H earnings impact, but with possibility of rapid FY21 rebound (based on SARS experience)”
So I guess they have some idea that it might be similar to SARS. Let’s hope it is.
Do people really think that mankind will not get on top of the current virus issue ?