Seems airlines have no problems raising capital or debt at the moment. First Singapore Airlines and now looks like Cathay Pacific. Both in much worse situations than Air NZ.
From Jetstar Website. No such thing offered by AIR on their flights...Hmmm
From June:
Masks provided to all passengers on each flight, while these are not mandatory from a safety point of view, they are recommended to be worn in the interests of everyone’s peace-of-mind. You can bring your own mask if you would prefer
Sanitising wipes available to you to wipe down seat belts, trays and armrests yourself, if you’d like
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
The bail out rate of interest was 7 to 9%. Did MR B have an opinion on this? Government bonds borrowing by supported QE. Still waiting for my refund for europe this year... fat chance i will see that for a while even though my agent has put in for it.. they need to close that loop hole but the little consumer affairs minister does not seem to want to do anything about it? He does not seem to understand how we get money in the first place and who owns it. That civil air act must have been written by the air lines. Under a socialist government i forgot " your money is there money".
Did a fair amount of number crunching to try and derive a value for AIR and given the Interesting Times we live in ran a few scenarios, weighted them and came up with a present value for Beagle's favourite airline of [drumroll]
$0.92 a share.
Given my track record on valuing this stock (excellent as independently assessed by myself) then any holders will want to keep a very close eye on the short-term technical indicators of choice, and try not to get trampled in the rush for the emergency exits.
Reply With Quote
Originally Posted by Waltzingironmansinlgescul
Bookmarks