AIR - Air NZ.

[bull....]

http://www.sharechat.co.nz/article/5...ice-slump.html

air nz must be different a?

confidential enquirys mean the market isn't transparent as people within the nzx will now have insider information as well as within the company. could get senarios like the rbnz leak

[Raz]

http://www.nzherald.co.nz/business/n...ectid=11647295

Breakfast TV this morning says they have a new sponsor in Jetstar and in the news segment chris luxon earmarked/tipped to replace departing Fonterra CEO=theo spierings.

Theo moving on and C Luxon replacing him has been mentioned to me by brokers over the past several weeks as an additional reason for the share price move. The rumour is now built up such momentum its like the Manu United manager replacement by now.....

ps Most likely good timing for Mr Luxon to consider a move given where AIR is at in its cycle and his star is as bright as it likely to get....

[bull....]

Theo moving on and C Luxon replacing him has been mentioned to me by brokers over the past several weeks as an additional reason for the share price move. The rumour is now built up such momentum its like the Manu United manager replacement by now.....

ps Most likely good timing for Mr Luxon to consider a move given where AIR is at in its cycle and his star is as bright as it likely to get....

what does a guy who runs an airline know about farming? or adding value to milk?

[Balance]

what does a guy who runs an airline know about farming? or adding value to milk?

Will do a better job than all the wave rider CEOs Fonterra has had. At least he will know about managing risks and expectations.

[Raz]

what does a guy who runs an airline know about farming? or adding value to milk?

I agree, they may look at it for PR value with the real intent/agenda to change very little...in reality they need someone who really understands the industry,where they are at, has real strategic idea where they need to head and implement it...they will be lucky to recruit that now wouldn't they...

[workingdad]

I wonder if it will hamper a 3rd positive day for AIR now the rumour is in the public arena.

early trades at 2.15

[777]

what does a guy who runs an airline know about farming? or adding value to milk?

Luxon knew nothing about airlines until he joined AIR about 12 months before he became CEO, the job he was groomed for.

[bull....]

Luton knew nothing about airlines until he joined AIR about 12 months before he became CEO, the job he was groomed for.

well he should stick to airlines then and improve the share- price

anyway this new info if it was swirling around should have meant a please explain from air was warranted if it was causing a share price collapse?

[Jay]

I heard someone from Craig's this morning say, on the news, that there was a big seller of AIR, has now finished selling now and thinks the price will stabilise/rise now as it is oversold or something like that

[Beagle]

http://www.nbr.co.nz/article/airways...-hike-b-189619

Interesting to see a Government monopoly taking it easy on airlines...of course the fact that they are the majority owner of AIR would have nothing to do with it...

On the Luxon thing. He's been instrumental in implementing an ambitious growth path for the company and the company is in the process of procuring the aircraft to meet those objectives.
In my view a departure now could be viewed by the market as him not wanting to take responsibility for the outcome of those plans.

It was interesting to read in the recent analyst day briefing that their growth objectives are now in line with the tourism growth rate to N.Z. This was a subtle change from previous growth ambitions' which seemed to be considerably higher than the rate of tourism growth and tends to suggest a more disciplined approach going forward.

I think the Govt will want the lions share of any sale of VAH and given the decline in the SP will be keen to see some real cash coming into their coffers in an election year.

Interesting timing that Treasury report on how well they'd done out of AIR wasn't it ! Carefully crafted to head off any left wing criticism in regard to the collapsing SP ?