AIR - Air NZ.

[biker]

To put it in perspective and remind us all AIR NZ has Billions of dollars of debt, ever increase operating costs, elevated ticket prices which will affect continued travel, a global fuel crisis to contend with, yet punters still somehow hold onto this presumption that the company is a good investment and will somehow magically be profitable in the near future. The SP should, and likely will after a relief rally retracement, meander around the CR 0.53 at best. At least until the books can see some light at the end of what is still currently a very long dark tunnel. Opening of boarders is not the magic cure at this point. Be cautious and prepared for a relief rally to fail and 0.53 to be retested. Buying in on FOMO seeing a small run up catches those snoozing when profits are taken off the table by larger volume traders sending it spiralling back down again. Then repeat the process and they double their gains on the second run up again.See it often. Still huge issues the Airline faces. But hey jump on board and take a nap in the new sleep pods, to distract us from the real problems AIR is facing. Surprised those that are willing to throw their money in already on this minor relief rally currently. Optimism in a negative market, with rocketing interest, inflation and cost of living. Yet somehow people will simply be able too afford air tickets at double the cost. Doesn't make much sense does it.

Totally disagree with most of that.

[Marilyn Munroe]

Stuff headline:Families told to 'find a couch' at Christchurch airport overnight after Qantas flight diverts.

Is Robertson Airlines still the Christchurch ground handling contractor for Queer And NassTy airlinS? If so is this symptomatic of the organizational stumbling we can expect as the airline tries to get back into action?

Boop boop de do
Marilyn

[biker]

Stuff headline:Families told to 'find a couch' at Christchurch airport overnight after Qantas flight diverts.

Is Robertson Airlines still the Christchurch ground handling contractor for Queer And NassTy airlinS? If so is this symptomatic of the organizational stumbling we can expect as the airline tries to get back into action?

Boop boop de do
Marilyn

Jeez MM, you can’t blame Qantas incompetence on Air NZ

[Marilyn Munroe]

Jeez MM, you can’t blame Qantas incompetence on Air NZ

AirNZ used to be the ground handling agent for QANTAS in Christchurch, they possibly still are.

A common practice in the airline industry is to give the ground handling agent a fixed sum for arranging accommodation, with the agent allowed to trouser any of this money not spent. This creates an incentive for the ground handling agent to minimize the cost.

My post on this subject was speculation, however it is not beyond the bounds of reason that it was Robertson Airlines responsibility to arrange accommodation for the tired and weary travelers which they failed to do.

Boop boop de do
Marilyn

[biker]

AirNZ used to be the ground handling agent for QANTAS in Christchurch, they possibly still are.

A common practice in the airline industry is to give the ground handling agent a fixed sum for arranging accommodation, with the agent allowed to trouser any of this money not spent. This creates an incentive for the ground handling agent to minimize the cost.

My post on this subject was speculation, however it is not beyond the bounds of reason that it was Robertson Airlines responsibility to arrange accommodation for the tired and weary travelers which they failed to do.

Boop boop de do
Marilyn

We can all speculate on all sorts of things but I don’t for a moment believe this was anything to do with Air NZ.
My speculation is that it wasn’t.

[biker]

Share price rising on good volume. 20% up from it’s lows. Only another 5% to get back to where Foran invested a million bucks. Oil price falling. What’s not to like.

[Maxtrade]

Share price rising on good volume. 20% up from it’s lows. Only another 5% to get back to where Foran invested a million bucks. Oil price falling. What’s not to like.

?
Looking like it's been tracking back down to 0.60 ?

[biker]

?
Looking like it's been tracking back down to 0.60 ?

Foran just invested another 1 1/2 mill dollars at 56 & 57c.
So recently $2.5 million invested. More than a gesture I would have thought.

[Rawz]

Foran just invested another 1 1/2 mill dollars at 56 & 57c.
So recently $2.5 million invested. More than a gesture I would have thought.

Thats certainly backing your own horse. Well done Foran. Should give shareholders heaps of confidence

[Rawz]

Might have to put AIR back on the watchlist... dont think i have ever seen a CEO buy on market $1.5m??
What a great endorsement