AIR - Air NZ.

[Beagle]

Good question luv. I believe ETOPS rules have been extended, must have been as Air are using a twin engined 777-200ER on the new route which I couldn't help notice on that site forms the shape of a very happy smile...a very positive sign for great things to come for AIR shareholders or a coincidence, you decide

Anyone else notice QAN SP's has overtaken AIR's ...we live in a strange world.

[777]

According to the article LAN Chile are going to replace their A340's on this route with 787's. The normal routing for Australasian flights to South America is to dive deep into the Southern Ocean. This is made possible by the four engine A340 complying with ETOPS rules. These rules specify how far in time any aircraft can fly beyond an airfield in case of an emergency. An A340 or 747 because it has four engines has a greater ETOPS range than a two engined aircraft like the 777 or 787.

I am curious how LAN Chile and Cullen Airlines will handle this issue.

ETOPs rules apply equally to 4 engine ops and 2 engine ops due to do with cargo hold fire suppression times.

ETOPs 240 would be used requiring a more northerly route as shown on http://www.gcmap.com/mapui?P=akl-eze&MS=wls&DU=mi&E=240

[Robomo]

ETOPS for Boeing 787-9 and 777-200ER is 330 minutes (i.e. 5.5 hours). I can't think of any scheduled flight that would be more than 330 minutes away from an alternative airport.
FAA certification December 2011 (777-200) and 16 June 2014 (787)

[biker]

ETOPS for Boeing 787-9 and 777-200ER is 330 minutes (i.e. 5.5 hours). I can't think of any scheduled flight that would be more than 330 minutes away from an alternative airport.
FAA certification December 2011 (777-200) and 16 June 2014 (787)

I think AIR will use 330 min ETOPS and go South but will need to carry extra cargo fire extinguisher bottles to ensure fire suppression for 330 mins. No big deal.

[Beagle]

Front month oil contracts for January 2015 delivery still under huge pressure to the downside and importantly for airlines hedging programs Brent oil for delivery in December 15 is now only $67 and change !!
https://www.tradingfloor.com/futures/lcoz5 Time for Air management to lock in some of the substantial fall ?

[Zaphod]

Russia is making some noises about imposing suitably vague countermeasures should the USA impose additional sanctions, which could have a material affect on oil prices. Hopefully things are starting to cool down thought.

I also note that the NZ Herald is reporting another off-duty staffing incident. These all appear to be well handled by the company once things are brought to their attention, so I'm not concerned.

[Beagle]

Russia is making some noises about imposing suitably vague countermeasures should the USA impose additional sanctions, which could have a material affect on oil prices. Hopefully things are starting to cool down thought.

I also note that the NZ Herald is reporting another off-duty staffing incident. These all appear to be well handled by the company once things are brought to their attention, so I'm not concerned.

They don't need any more sanctions. The conspiracy theory that the Saudi's and Americans cooperated on the oil production front to really stick it to the Russians may have credibility. The rouble and Russian economy is in huge trouble with $60 oil. I wonder how they'll get on when it hits $50 ? Putin must be Pukin Principle's of natural justice are playing out very nicely.

[Beagle]

https://nzx.com/companies/AIR/announcements/258964

November Operating stat's are out. Solid demand and growth in demand RPK's and yield. Meanwhile oil prices continue their steep decline. Its all looking very positive

P.S. Oil looks broken. December 2016 Brent futures now trading under $70. December 2015 just over $65
Even December 2017 futures only just over $72 http://www.barchart.com/quotes/futures/CBZ17

Cheap avaiation fuel looks like its here to stay for years

[Poet]

"Group-wide yields for the financial year to date were up 2.2% on the same period last year. Short Haul yields were up 2.2%, while Long Haul yields were up 1.2%. Removing the impact of foreign exchange, Group-wide yields were up 4.3%."

Would someone be able to help me by explaining the definition of yield
Is it revenue per passenger per kilometre?
TIA

[BFG]

Oil price stages a couple hours of rallying then gets slammed again in the NYMEX.

Enjoy sub-$50 AIR holders