AIR - Air NZ.

[Blue Skies]

Will be interested to see if Qantas's just announced A$2.7 Billion loss, will sober up some of AIR current shareholders this afternoon.

[Beagle]

https://www.nzherald.co.nz/business/...ectid=12358047 Read it and weep. Excerpt "The impact of Covid on all airlines is clear. It's devastating and it will be a question of survival for many".

A VERY bad sector to be invested in for the foreseeable future. AIR reports next Thursday. Good luck to shareholders, you're going to need it

I think the chances of a substantial capital raise at a deeply discounted price being announced contemporaneously with the full year result next week are quite high.

[Paradox]

https://www.nzherald.co.nz/business/...ectid=12358047 Read it and weep. Excerpt "The impact of Covid on all airlines is clear. It's devastating and it will be a question of survival for many".

A VERY bad sector to be invested in for the foreseeable future. AIR reports next Thursday. Good luck to shareholders, you're going to need it

I think the chances of a substantial capital raise at a deeply discounted price being announced contemporaneously with the full year result next week are quite high.

However, the market seems to like AIRNZ for other reasons and is propping it up really well.

Disc: Maintaining short position

[steveb]

https://www.nzherald.co.nz/business/...ectid=12358047 Read it and weep. Excerpt "The impact of Covid on all airlines is clear. It's devastating and it will be a question of survival for many".

A VERY bad sector to be invested in for the foreseeable future. AIR reports next Thursday. Good luck to shareholders, you're going to need it

I think the chances of a substantial capital raise at a deeply discounted price being announced contemporaneously with the full year result next week are quite high.

Yes agree if they dilute the SP enough it would force the govt to stump up,or have their 52% diluted to what around 30%.It would be better than the govt loan at what 7-8%!

[RGR367]

However, the market seems to like AIRNZ for other reasons and is propping it up really well.

Disc: Maintaining short position

Shorten it a bit more for your dollar's sake.

[Beagle]

However, the market seems to like AIRNZ for other reasons and is propping it up really well.

Disc: Maintaining short position

I'm not concerned by that as the fundamentals of the business are really shocking so I am also maintaining my modest short position.

[Beagle]

https://www.nzherald.co.nz/business/...ectid=12358616 Pay-walled

"The airline — led by Walsh — has been advocating for months now to its 51 per cent shareholder (the Government) that it should step up and lead a capital raise to restore the company's balance sheet". Walsh is the new Chairperson.

I think there's at least a 50% chance a substantial capital raise will be announced on Thursday this week along with the annual result.

[winner69]

https://www.nzherald.co.nz/business/...ectid=12358616 Pay-walled

"The airline — led by Walsh — has been advocating for months now to its 51 per cent shareholder (the Government) that it should step up and lead a capital raise to restore the company's balance sheet". Walsh is the new Chairperson.

I think there's at least a 50% chance a substantial capital raise will be announced on Thursday this week along with the annual result.

More like 80% I reckon ....can’t say it’s a certainty can we

Ready and primed are we?

[Beagle]

More like 80% I reckon ....can’t say it’s a certainty can we

Ready and primed are we?

The exact opposite of what would make a good quasi term deposit

[blackcap]

More like 80% I reckon ....can’t say it’s a certainty can we

Ready and primed are we?

The sharesies crowd will be all over this one. I reackon a 1:1 at $1 would be a goer. Give em another $1B and would not need to touch the loan facility. Whats not to like.