AIR - Air NZ.

[Snow Leopard]

Anybody want to help buy a new plane?

Best Wishes
Paper Tiger

[kizame]

Anybody want to help buy a new plane?

Best Wishes
Paper Tiger

Good on him, but I would not like being the target of AIR,he will be very restricted with where he can fly.

[Hoop]

Not sure on your reference point Hoop but she's sitting in my balance sheet 31 March last year at $2.72 ex divvy, (average cost price well south of that), so by my calculations over the last 49 weeks its shown a capital return of 5.9% and a final dividend of 9.5 cps in Sept 2015 which is another 3.5%, 9.4% total shareholder return YTD and I expect it'll recover the forthcoming dividend fairly quickly.

Not a stellar year I would concur, (despite the stellar result) but AIR is extremely well placed going forward and trades on truly compelling metrics.

As one can see from the chart AIR has been totally boring...flatlining....The share price is the same as this time last year and is trading within a "not worth the effort" small 10% trading range apart from a couple of unsustainable breakouts both ways... ..........

The reference point is mentioned on the very first line of my post... highlighted it in bold letters

[Marilyn Munroe]

kiwi-regional-airlines-plans-to-crowdfund-2-million-for-new-plane"]Anybody want to help buy a new plane?

Best Wishes
Paper Tiger

The world is awash with money looking for a good return. I find it hard to believe that Evan's Swampy Hollow Airlines could not do a deal with a lease company if it had a good proposal. Include me out of the crowd funding.

Boop boop de do
Marilyn

[Beagle]

The reference point is mentioned on the very first line of my post... highlighted it in bold letters

Yes fair enough and its up from $2.00 in late 2014 at the time of the ASM. For those fortunate / wise enough to attend it was pretty obvious the company's profit growth was on a steep climb with or without the oil price tailwind.

The market world-wide is pricing in airline stocks like the oil price tailwind component of earnings isn't repeatable. I think from a competition and yield perspective AIR is better off with $70 oil anyway.

Much is made of AIR's high capex and they're paying out most of their cash flow to modernise and grow their fleet. Other companies on the NZX are rewarded for growth with or without, (usually without) contemporaneous EPS growth, often while incurring large losses, but those same people expect AIR to grow at its fastest rate in 75 year history without investing in new capex ?...go figure.

PE / cash flow are dirt cheap compared to other airlines and the growth in RPK is outstanding compared to other asia / pacific airlines, (double the industry rate) and yield compression with low oil prices has been modest.

Happy holder and unlike the vast majority of other airlines we're being paid well to enjoy future growth. I think patience will be rewarded.

[Snow Leopard]

Jetstar in the firing line I see.
This would never happen with a proper airline.


You read that Singapore Air Annual Report yet, Roger?


I think Airbus have confused me with either Tony Fernandes or Christoph Mueller.


Best Wishes
Paper Tiger

[RTFQ]

For years Emirates have wanted to be the first airline to fly around the world. The Aussies have blocked them to date. I wonder if this direct flight from Dubai to Auckland is intended to pressure Qantas, their code share partner into relaxing their position against a Syd - Lax service.
NZ has free skies policy and once the Dubai flights are here it won't be long before they operate Akl - Lax.
This might be why the share price took a significant hit after that announcement.
Thoughts???

[skid]

For years Emirates have wanted to be the first airline to fly around the world. The Aussies have blocked them to date. I wonder if this direct flight from Dubai to Auckland is intended to pressure Qantas, their code share partner into relaxing their position against a Syd - Lax service.
NZ has free skies policy and once the Dubai flights are here it won't be long before they operate Akl - Lax.
This might be why the share price took a significant hit after that announcement.
Thoughts???

Just as a side bar(although useless to the debate) we flew on a Pan Am ''round the world'' flight back in 1978---Well,maybe its not useless--look what happened to Pan Am.


It will be interesting to watch and see if that bollenger band breakout pans out--always happy to be in on a learning experience.

The TA vs FA always keeps this thread interesting

[777]

For years Emirates have wanted to be the first airline to fly around the world. The Aussies have blocked them to date. I wonder if this direct flight from Dubai to Auckland is intended to pressure Qantas, their code share partner into relaxing their position against a Syd - Lax service.
NZ has free skies policy and once the Dubai flights are here it won't be long before they operate Akl - Lax.
This might be why the share price took a significant hit after that announcement.
Thoughts???

They need approval from the US as well.

[Beagle]

Jetstar in the firing line I see.
This would never happen with a proper airline.


You read that Singapore Air Annual Report yet, Roger?


I think Airbus have confused me with either Tony Fernandes or Christoph Mueller.

Best Wishes
Paper Tiger

Jetstar's regional service is turning into a complete fiasco. No back-up planes when their ancient Q300's need unscheduled maintenance and no back-up staff when staff get sick, (something that inevitably happens from time to time).

Not yet on the Singapore report PT, been too busy having a great time socialising with other ST members