AIR - Air NZ.

[Waltzing]

The govt loan was a brilliant move at the time its the govt that hopes the public has a short memory and with the amount of money thrown at the electorate it bought it way of trouble down at little air show.

wonder what they will do for their next election trick as the master of spin seduces the adoring public.

[Dlownz]

The harsh reality is that there will be potentially hundreds of thousands of customers stuck with AIR's credits they either can't or don't want to use or can only partially use. A decent airline would allow some sort of trading system so that these credits could be transferred to anyone else (regardless of whether they are family or not), or remove the time limit on the credit altogether, (or for a minimum of 5 years) so at least people could use them as and when they felt completely safe and comfortable to travel.

As it is I predict hundreds of millions of dollars of credits will expire without ever being used and of course that beg's the obvious question if that wasn't their specific intention all along ?

The travelling public will have an elephants memory when it comes to the way they have been given the shaft. This will come back and bite AIR, mark my words.

It would seem we have third world standards when it comes to allowing AIR to pocket consumers money without any decent safeguards compared to the decent protection accorded in most parts of Europe, America and elsewhere. Its time the Govt enacted legislation to stop consumers being blatantly abused.
Will they be motivated to do this with them being the majority owner of AIR ? I doubt it.

They have a airpoints store. So if you can't fly you can still spend them. Or get a airpoints credit card so they don't expire. Lifes problems solved 😉

[Teatree]

Govt as majority shareholder could easy tell them to sort this out. They wouldn't even have to legislate. Our customer protection in nz is inferior to our peers overseas. I'm sure labour will sort it out tho mmmm

[Beagle]

They have a airpoints store. So if you can't fly you can still spend them. Or get a airpoints credit card so they don't expire. Lifes problems solved ��

Did I miss something, (quite possible, its been an extraordinary year), and those flight credits were converted to airpoints or are you trying to fly a kite that doesn't exist ?

[nztx]

Bubbles of Debt with Wings Need more Subsidy:

Government air freight funding needs to continue beyond border opening, airlines say

https://www.stuff.co.nz/business/ind...g-airlines-say

"Airlines have praised a Government decision to extend a subsidy scheme designed to keep air cargo moving, but say ongoing financial support will be needed beyond New Zealand’s borders reopening.

As part of the Government’s $600 million package to support the aviation industry through Covid-19, $320m was allocated towards an international air freight capacity scheme.

The scheme, launched in May and administered by the Ministry of Transport, provides financial support to carriers to guarantee flights on key international routes continue, allowing goods to continue moving in and out of the country.

With New Zealand’s borders closed and little passenger demand for air travel, cargo capacity (historically provided by passenger aircraft) has plummeted and freight rates have gone through the roof."

Everyone out there still happy with their soon to be hugely diluted little pieces of subsidised "Robertson Air" ?

[peat]

Its sad to see a company begging.

Discl. neutral now.

[Blue Skies]

News that Gregg Foran has rejected a petition signed by 1287 AIR staff to stop outsourcing jobs, including cabin crew jobs to Chinese nationals based in Shanghai, just a week after making 350 AIR international cabin crew redundant and another 550 international cabin crew on furlough since July, is likely going to destroy any remaining staff goodwill, morale & pride in the airline.
Going to be hard, to put it lightly, delivering a customer centric culture when so many of the remaining staff resent the organisation now.
Airlines not like big retail chains.

[Baa_Baa]

1287 staff put a target on their backs. Reminds me of a cartoon where two dear, one with a target on it, the other said “bummer of a birthmark Hal“

[iceman]

News that Gregg Foran has rejected a petition signed by 1287 AIR staff to stop outsourcing jobs, including cabin crew jobs to Chinese nationals based in Shanghai, just a week after making 350 AIR international cabin crew redundant and another 550 international cabin crew on furlough since July, is likely going to destroy any remaining staff goodwill, morale & pride in the airline.
Going to be hard, to put it lightly, delivering a customer centric culture when so many of the remaining staff resent the organisation now.
Airlines not like big retail chains.

Does he really have any other options ? This is a business fighting for its survival.

[Sideshow Bob]

News that Gregg Foran has rejected a petition signed by 1287 AIR staff to stop outsourcing jobs, including cabin crew jobs to Chinese nationals based in Shanghai, just a week after making 350 AIR international cabin crew redundant and another 550 international cabin crew on furlough since July, is likely going to destroy any remaining staff goodwill, morale & pride in the airline.
Going to be hard, to put it lightly, delivering a customer centric culture when so many of the remaining staff resent the organisation now.
Airlines not like big retail chains.

Likely those cabin crew based in Shanghai are for their routings in/out of China, and how many of the proposed redundancies speak Chinese?

Given current Covid status, could see flights to/from China coming back before the US and other destinations.