AIR - Air NZ.

[macduffy]

One would have to question why they released the 28th April announcement, 5 days before the official agreement news release ....... The rumour had been circulating for weeks...
However... well done Air NZ

One would have to give them the benefit of the doubt and assume that agreement had in fact not been reached on 28 April.

But the continuous disclosure rule would oblige them to respond to rumours in the market.

No other option.

[Anna Naum]

The part I find funny is them suggesting that this alliance would result in lower prices for flights. How stupid do they think we are, less competition does not result in lower prices. It might result in lower costs but to believe that will be passed on to consumers is a joke.

[Sideshow Bob]

I'm with you AN and I didn't understand it - they did mention a 10% reduction for 'SOME' fares....

[mr.needs]

I'm with you AN and didn't get understand - they did mention a 10% reduction for 'SOME' fares....

I was also thinking the same thing. Couldn't work out how 2 competing airlines could work together to save the consumer money. I wonder how Jetstar (Qantas) is feeling...

[Tee]

I have held AIR shares before, at the current price, it does not look appealing.

[Jaa]

Can't help but be impressed by a company with the balls and style to do this:

http://www.dearlistener.co.nz/

[peat]

Uploaded with ImageShack.us

lol

[peat]

She's the sign language consultant (?) for South Pacific Pictures I think.

[Jaa]

Back to the future today with rumours in the Aussie press and thankfully a denial that Air NZ is interested in an equity stake in another struggling Australian airline, Virgin Blue.

http://www.smh.com.au/business/air-n...715-10cno.html

[BRICKS]

Back to the future today with rumours in the Aussie press and thankfully a denial that Air NZ is interested in an equity stake in another struggling Australian airline, Virgin Blue.

http://www.smh.com.au/business/air-n...715-10cno.html

NO, way that AIR would front up with say $100 million just to say we own 15% of VBA and not have that much say
in running the biz these people that write papers are strugling to stay in WORK..