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Thread: AIR - Air NZ.

  1. #17691
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    AIR - the view for capital raise.

    https://www.interest.co.nz/opinion/1...ood-job-giving

  2. #17692
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    Quote Originally Posted by Xerof View Post
    From what I hear on the pilot grapevine, only AKL based staff will be bought back into rosters. CHC remains out in the cold
    Could be. He is Auckland based.

  3. #17693
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    More flight announced:
    Auckland-San Francisco: Three times weekly between 21-Jul-2020 and 29-Aug-2020;
    Auckland-Los Angeles: Daily between 21-Jul-2020 and 31-Aug-2020;
    Auckland-Hong Kong: Increase from twice to three times weekly between 04-Jul-2020 and 29-Aug-2020.

  4. #17694
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    Quote Originally Posted by Heimand View Post
    More flight announced:
    Auckland-San Francisco: Three times weekly between 21-Jul-2020 and 29-Aug-2020;
    Auckland-Los Angeles: Daily between 21-Jul-2020 and 31-Aug-2020;
    Auckland-Hong Kong: Increase from twice to three times weekly between 04-Jul-2020 and 29-Aug-2020.
    That’s good taking thousands out of the country

    Hope they coming back with very few if any passengers ...full them up with freight
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #17695
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    Quote Originally Posted by Heimand View Post
    More flight announced:
    Auckland-San Francisco: Three times weekly between 21-Jul-2020 and 29-Aug-2020;
    Auckland-Los Angeles: Daily between 21-Jul-2020 and 31-Aug-2020;
    Auckland-Hong Kong: Increase from twice to three times weekly between 04-Jul-2020 and 29-Aug-2020.
    They might soon run out of crews given the increased quarantine conditions for those :
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  6. #17696
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    https://www.asx.com.au/asxpdf/202006...zl7p6sfqf0.pdf QAN cap raise. AIR soon to follow?

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    Qantas - the ones that many say are far better off financially than Air NZ - is raising $1.9m (about a third of their market cap).

    If Qantas (the "much better off" airline) is raising a third of their market cap, I would expect a cap raising for AIR in the region of several hundred million to be imminent. With the share price falling from nearly $2 to $1.32 in just over 2 weeks, Mr Market is beginning to realize this (that a cap raise is required and huge dilution on the way). AIR better act fast while the share price is still extremely high (at $1.32), relative to the fundamentals, otherwise the dilution to existing shareholders will get worse.
    Last edited by trader_jackson; 25-06-2020 at 11:24 AM.

  8. #17698
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    Certainly the AIR has been let out of their tyres of late, down again today - $1.94 to $1.33 in the last couple of weeks.

    Maybe it is the Sharsies crowd getting out.....

  9. #17699
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    Quote Originally Posted by trader_jackson View Post
    Qantas - the ones that many say are far better off financially than Air NZ - is raising $1.9m (about a third of their market cap).

    If Qantas (the "much better off" airline) is raising a third of their market cap, I would expect a cap raising for AIR in the region of several hundred million to be imminent. With the share price falling from nearly $2 to $1.32 in just over 2 weeks, Mr Market is beginning to realize this (that a cap raise is required and huge dilution on the way). AIR better act fast while the share price is still extremely high (at $1.32), relative to the fundamentals, otherwise the dilution to existing shareholders will get worse.
    Yes, as usual, QAN are the proactive company and quicker out of the blocks than AIR https://www.asx.com.au/asxpdf/202006...1dssrbvdt4.pdf

    Virgin also coming back with multiple offers to get it going again. https://www.news.com.au/finance/busi...y+25+June+2020

    I expect a substantial capital raise for AIR to be announced in the near future and this will be priced to get institutional support at under $1.
    Last edited by Beagle; 25-06-2020 at 11:55 AM.
    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. #17700
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    "is raising $1.9m" is that a B? , yes just cross the new wires

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