AIR - Air NZ.

[winner69]

Seems cap raise by end of month

Existing shareholders - you all ready for the action

https://www.rnz.co.nz/news/business/...-3b-in-capital

[Beagle]

Will someone please indulge me in a small wager that somewhere in the marketing propaganda, (opps sorry, capital raise documents), the words "revive" and "thrive" will be used more than once

[Sideshow Bob]

Will someone please indulge me in a small wager that somewhere in the marketing propaganda, (opps sorry, capital raise documents), the words "revive" and "thrive" will be used more than once

Polishing a turd comes to mind.

Qantas will be licking their lips......

[Beagle]

Polishing a turd comes to mind.

Qantas will be licking their lips......

Air Canada also quick off the mark to announce new services so there's no doubt the competition will coming flooding back.

[winner69]

Air Canada also quick off the mark to announce new services so there's no doubt the competition will coming flooding back.

That Rob Fyfe guy whose a Director of Air Canada knows what kiwis and Canadians want ….wasn’t he an AIRguy once

[Beagle]

That Rob Fyfe guy whose a Director of Air Canada knows what kiwis and Canadians want ….wasn’t he an AIRguy once

You know he was. You'd need to be pretty brave and have great endurance to get on one of those so called Dreamliner's with their sardine can sized seats and sit next to a bunch of strangers breathing in all their expelled breath as well as all the recycled air for 13 hours all the way to Vancouver. Whatever's in their lungs, is definitely in yours

[nztx]

Any guesses on what AIR Ords are really worth now ahead of the coming "Fill in a Large Hole"
at any price exercise ?

$1.43 currently definitely looks more than slightly out the door fresh AIR material than reality

[Balance]

Current market cap (sp $1.43) - $1.6 billion

Capital raise - say $1.3 billion.

Expect highly dilutive rights issue for capital raise - will have to be done at a deep discount to current sp for underwriters to be comfortable.

So 2:1 at 60 cents to raise $1.3 billion as a possibility?

[Dassets]

Thanks for the article. The increasing volume the past few days stands out like dogs *****. I will reiterate 1 cap raise(I assumed 1.5 bil last year) is not enough. 2 more likely needed. Here is its next issue. Today I brought business return AKL to BNE to see dear mum for the first time in 2 and a bit years. I paid cash of nzd$200. The rest was paid via using a credit from an earlier non operating flight. Hope the $200 is used wisely. Oh and only $1bil more of that noncash flykng to go. And yes that is after adjustimg for the airpoints

[Dassets]

More than just polish the turd, they are cutting it into a princess cut style turd.