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04-12-2021, 10:29 AM
#19071
Originally Posted by mikelee
Just bear in mind that Air NZ's London slot was sold under his watch and the decade long cargo lawsuit settled, would give you an idea of whether he has Air NZ's best interest at heart.
Dropping the filghts to Blighty was the right thing to do. It was a presteige rather than profitable part of the route network a long way from base, so operationally difficult. The sale of the LHR slot raised some valuable cash.
LAX --> LHR is a heavily tracked route. Robertson Airlines could easily ship any Bro's who wanted to loyally fly on the National Magic Waka code share LAX --> LHR.
Boop boop de do
Marilyn
Diamonds are a girls best friend.
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04-12-2021, 03:00 PM
#19072
Originally Posted by Snow Leopard
Who, in their right mind, would willingly want to go to the USA anyway?
Disc: Used to 'live & work' in California.
More Disc: do not hold any airline, but have investments in the aviation sector.
“Quickest” way to get to South America. Or at least it was before yday. Now one has to fly to Oz for a test & results within the required timeframe. Nuts
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04-12-2021, 04:59 PM
#19073
Originally Posted by iceman
“Quickest” way to get to South America. Or at least it was before yday. Now one has to fly to Oz for a test & results within the required timeframe. Nuts
You know you want to retire early....just give in to the temptation, everything will be okay
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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05-12-2021, 07:50 AM
#19074
Originally Posted by Beagle
You know you want to retire early....just give in to the temptation, everything will be okay
I will, but at the time of my choosing. Not Jacinda’s or anyone elses :-) :-)
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06-12-2021, 08:16 AM
#19075
The only thing interesting when they just convert cash to equity would be the conversion rate ... which would allow the majority shareholder to inflict terrible dilution onto the retail shareholders without any cost to them and no chance for the retail shareholders to do anything about it..
Might be better for PR to do some sort of controlled CR ... to at least pretend it is a fair and equal "at arms length" process.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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06-12-2021, 10:23 AM
#19076
Originally Posted by iceman
Tonight NZ Inc and Air NZ have been caught out in a big way with Biden's call for a negative test within 24 hours of flight. NZ can't do it. 48-72 hours is the norm here in this pathetically managed country. All Australian international airports offer 90 MINUTES results. NZ is stuffed, unless of course you buy into the Government's crap (and their cheerleaders) about isolating the country away from the World.
Yet another nail in the coffin for NZ Inc
NZ's covid tasting regime is lamentable. NZ has had the time to prepare, but it was wasted. Although not perfect of course but it is a help, where is Lateral flow (Rapid Antigen) testing?
Last edited by Bjauck; 06-12-2021 at 10:29 AM.
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06-12-2021, 10:34 AM
#19077
Originally Posted by BlackPeter
Well positioned? You sure you are on the right thread?
I think he's referring to the type of phrases the investment bankers will use.
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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06-12-2021, 01:10 PM
#19078
And yet the SP is still finding support at 1.5 level even amongst all this.
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06-12-2021, 03:20 PM
#19079
At least they have planes... actual assets that can at some point make money again. But a lot of AIR performance was on LOW fuel prices.. Those days are long gone unless OPEC closes shop..
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06-12-2021, 03:33 PM
#19080
Originally Posted by Waltzingironmansinlgescul
At least they have planes... actual assets that can at some point make money again. But a lot of AIR performance was on LOW fuel prices.. Those days are long gone unless OPEC closes shop..
It will be a different bird in the future too. I think customers are going to have to come to terms with a new reality of the real cost of flying as ther will be far fewer flights to amortize the extremely expensive head office costs across. Won't worry the Pollies on their taxpayer funded junkets and weekly commuter flights but the reaction from joe public to a very different level of air transport cost could be interesting. We used to have Shane Jones bleating like a stuck pig about $300-400 short haul domestic ticket prices but maybe that's the new normal going forward ?
Last edited by Beagle; 06-12-2021 at 03:36 PM.
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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