AIR - Air NZ.

[Dassets]

A320 to ATR, yes I have that 1st hand sorry, the offer is on the table and was rejected

[Blue Skies]

Seen Nash's spit out on any help to private ailing Tourism Biz's today ?


Clear message that this Govt may only be considering a few of the favoured pets
and screw all the rest struggling out there unless everyone suffers a level change ..

Obviously no clues have penetrated that private bizo's are part of the travel equation ..

Spose all the bods carted around by Air NZ could park up for a sleep outside on a rock under a tree
at their end destinations, but really .. ?

Spose we're lucky that AIR hasn't been mauled over & left hanging more badly by
the band of meddling muppets with few clues on the hill ..

Regularly hearing tourism operators complaining they're not getting any assistance from govt, but seldom hearing any mention in the media of the $400 million Tourism Recovery package govt providing. There's even exemptions from IRD in certain circumstances. Seems a bit one sided.

[Beagle]

https://www.stuff.co.nz/business/124...ors-eye-growth

Talking $1 - $1.5 Billion, maybe more, and all that capital required with no reasonable prospect of a profit in the foreseeable future. Hmmm, Good luck with that.

[Baa_Baa]

https://www.stuff.co.nz/business/124...ors-eye-growth

Talking $1 - $1.5 Billion, maybe more, and all that capital required with no reasonable prospect of a profit in the foreseeable future. Hmmm, Good luck with that.

Some things just defy anything you've ever learnt about investing, like how on earth can this have maintained a SP above a few 10's of cents? Anyway, don't invest in something you don't understand, and I certainly don't understand how this SP has anti-gravity.

[Beagle]

Some things just defy anything you've ever learnt about investing, like how on earth can this have maintained a SP above a few 10's of cents? Anyway, don't invest in something you don't understand, and I certainly don't understand how this SP has anti-gravity.

Beggars belief...it really does.

I see this pending capital raise, not really as investing per se but as little more than a massive social welfare payment to keep vital transport infrastructure running to save the airline from going broke. By doing so the Govt will do okay out of it as the economy continues to grow so their investment generates a great indirect return, (not to forget the hundreds of millions they get each year from GST / PAYE from the company as well), but quite frankly minority shareholders appear to be on a hiding to absolutely nothing.

This may seem harsh but in my opinion it would be better if the Govt was honest enough to call this first capital raise round a charitable donation and then at least people would get 33 cents back in the dollar with their tax return.

In my opinion there's a modest chance the next capital raise, (subsequent to the one planned for later this year), could have the realistic prospect of being called an investment in the traditional sense of the word, albeit an extremely high risk one.

A LOT of RED INK to be spilled when they report their half year results later this month. It will be fascinating reading the corporate spin they try and put on things for the capital raise.

[Waltzing]

Our little private team dumped back at 2 for a loss last march april.

Its a partial force majeure and unfortunately there are no special provisions for Air Lines being backed by reserve banks to buy bonds.

No bank of Japan to come to the rescue.

There is no plan here , not from management, not from government and not from the market.

Its a crash landing and its about to come out of the clouds and approach the runway fast.

The problem is far greater than Air its the tourist towns it feeds into.

Grim winter approaching if something is not done. And that something needs to come in new form of targeted QE into public and private bonds markets and there is no plans in the cupboard.

MR O offered to develop new funding structures back in april but nothing came from government to take it up.

Now they are going to see what the ramifications are.

There is no choice now but to extend loans direct from government not just for AIR.

Excuse the typos , its typed on another keyboard, not looking.

[kuotadriver]

A320 to ATR, yes I have that 1st hand sorry, the offer is on the table and was rejected

What do you mean by "the offer is on the table"? They haven't even offered positions back to all of the redundant ATR pilots yet.

[Dassets]

Prob higher up the last on first off priority, from what I understand type experience does not matter

[kuotadriver]

Prob higher up the last on first off priority, from what I understand type experience does not matter

Separate lists, so that is irrelevant. Be great if people like you would quit spraying idiotic misinformation all over the internet.

[777]

Separate lists, so that is irrelevant. Be great if people like you would quit spraying idiotic misinformation all over the internet.

Well said kuota. He/she is in some sort of dreamland.