sharetrader

Thread: AIR - Air NZ.

  1. #16701
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,453

    Default

    Quote Originally Posted by Sideshow Bob View Post
    If bookings doubled, then still less than 10% of usual revenue.....
    People will also be booking with the existing credits they have with AIR NZ , so maybe not even any new income ....

  2. #16702
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,437

    Default

    Quote Originally Posted by Cyclical View Post
    Funny name for a company that's completely rooted.
    The name Virgin suddenly made me think about Branson's proximity with Jeffrey Epstein in the Carribean islands they both own. Gulp. No not creepy, not creepy at all.
    For clarity, nothing I say is advice....

  3. #16703
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    https://www.nzherald.co.nz/business/...ectid=12326338 How Covid 19 brought the aerospace industry down to earth.

    Interesting times for the industry as a whole
    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

  4. #16704
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,437

    Default

    Quote Originally Posted by Beagle View Post
    https://www.nzherald.co.nz/business/...ectid=12326338 How Covid 19 brought the aerospace industry down to earth.

    Interesting times for the industry as a whole
    Bubbles of debt with wings !! Ha.

    "Out of the world's nearly 1,000 airlines a lot are just bubbles of debt with wings said Brian Burridge, chief executive of the Royal Aeronautical Society.

    The other thing this article reminds us about (than the aerospace industry) is the interconnectedness of everything and how it all the pain travels through the various links to affect heaps more people than is originally envisaged. I call them tentacles as they reach out everywhere. And when the news is bad the snowball seems to grow and grow until it crushes all the saplings and only the sturdiest remain.
    Last edited by peat; 21-04-2020 at 04:01 PM. Reason: horrible mixed metaphor but this is not a fiction
    For clarity, nothing I say is advice....

  5. #16705
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    7,000

    Default

    Quote Originally Posted by peat View Post
    Bubbles of debt with wings !! Ha.

    "Out of the world's nearly 1,000 airlines a lot are just bubbles of debt with wings said Brian Burridge, chief executive of the Royal Aeronautical Society.

    The other thing this article reminds us about (than the aerospace industry) is the interconnectedness of everything and how it all the pain travels through the various links to affect heaps more people than is originally envisaged. I call them tentacles as they reach out everywhere. And when the news is bad the snowball seems to grow and grow until it crushes all the saplings and only the sturdiest remain.


    Hahaha ... "Bubbles of Debt with Wings" .. priceless

  6. #16706
    Hunting for Heuristic trends
    Join Date
    Dec 2013
    Location
    On a boat in the Deep Pacific
    Posts
    424

    Default

    Quote Originally Posted by peat View Post
    Bubbles of debt with wings !! Ha.

    "Out of the world's nearly 1,000 airlines a lot are just bubbles of debt with wings said Brian Burridge, chief executive of the Royal Aeronautical Society.

    The other thing this article reminds us about (than the aerospace industry) is the interconnectdness of everything and how it all the pain travels through the various links to affect heaps more people than is originally envisaged. I call them tentacles as they reach out everywhere. And when the news is bad the snowball seems to grow and grow until it crushes all the saplings and only the sturdiest remain.
    Yes, thats Chaos Theory in action

  7. #16707
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    https://www.msn.com/en-nz/news/natio...cid=spartandhp

    AIR refuses to disclose the number of staff with Covid 19

    How are the public supposed to have confidence flying with them again ?

    There has been talk of a class action by Qantas staff alleging Qantas engaged in reckless endangerment through lack of provision of PPE gear to staff.

    It makes me incredibly nervous when a company engages in deliberate concealment of relevant information. I imagine it makes AIR staff very nervous too ! I won't be flying in the foreseeable future.
    Last edited by Beagle; 21-04-2020 at 09:13 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

  8. #16708
    Guru
    Join Date
    May 2006
    Location
    , , .
    Posts
    3,330

    Default

    Quote Originally Posted by Beagle View Post
    https://www.msn.com/en-nz/news/natio...cid=spartandhp

    AIR refuses to disclose the number of staff with Covid 19

    How are the public supposed to have confidence flying with them again ?

    There has been talk of a class action by Qantas staff alleging Qantas engaged in reckless endangerment through lack of provision of PPE gear to staff.

    It makes me incredibly nervous when a company engages in deliberate concealment of relevant information. I imagine it makes AIR staff very nervous too ! I won't be flying in the foreseeable future.
    Is it relevant?
    So long as they don't put crew who are positive in the front line you can have total confidence.
    If they said it was 11 people how would that help?

  9. #16709
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by dobby41 View Post
    Is it relevant?
    So long as they don't put crew who are positive in the front line you can have total confidence.
    If they said it was 11 people how would that help?
    The crew member who attended the Bluff wedding didn't think he had an issue and now there's about 100 people paying the price. Absolutely its relevant !
    How many other Kiwi's are at risk because irresponsible crew are playing Russian roulette with people's lives ?
    Why are AIR deliberately concealing this information ? Could it be because they don't want the public to understand the risks in flying domestically or on what international routes remain ?

    This smells worse than 7 day old fish left in the sun to rot.
    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

  10. #16710
    Senior Member
    Join Date
    Jan 2016
    Location
    LA/ChCh/AKL
    Posts
    1,231

    Default

    Quote Originally Posted by Beagle View Post
    The crew member who attended the Bluff wedding didn't think he had an issue and now there's about 100 people paying the price. Absolutely its relevant !
    How many other Kiwi's are at risk because irresponsible crew are playing Russian roulette with people's lives ?
    Why are AIR deliberately concealing this information ? Could it be because they don't want the public to understand the risks in flying domestically or on what international routes remain ?

    This smells worse than 7 day old fish left in the sun to rot.
    Well they initially started releasing the information then stopped... one assumes when it really started to get bad...

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •