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20-06-2020, 10:44 AM
#17691
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20-06-2020, 04:23 PM
#17692
Member
Originally Posted by Xerof
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.
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24-06-2020, 01:59 PM
#17693
Member
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.
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24-06-2020, 02:14 PM
#17694
Originally Posted by Heimand
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.”
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24-06-2020, 05:28 PM
#17695
Originally Posted by Heimand
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)
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25-06-2020, 10:41 AM
#17696
Member
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25-06-2020, 11:08 AM
#17697
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.
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25-06-2020, 11:11 AM
#17698
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.....
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25-06-2020, 11:52 AM
#17699
Originally Posted by trader_jackson
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
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25-06-2020, 12:40 PM
#17700
"is raising $1.9m" is that a B? , yes just cross the new wires
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