AIR - Air NZ.

[Kelvin]

http://jumpjet.net/

Who are these guys?

Are they serious players?

Boop boop de do
Marilyn

Registered company since 2000 and nothing has eventuated since then.

If something does come out of it, it's destined to fail like KRA - Air NZ and Qantas will destroy them

[BlackPeter]

http://oil-price.net/en/articles/sau...-price-war.php

Interesting article. The US is snubbing the Saudis. Donald has call their leader "the dopey prince". The only option they have got is to pump more. If correct then oil is heading south again. Good for AIR.

Not sure about oil heading South again - at least not medium to long term. What the article has overseen is that worldwide the investment into new wells did dramatically drop over the last 18 months or so. It just does not make sense to invest into new wells while the oil price is that low, but existing wells are drying up.

Actually - world oil demand just topped world oil supply again - and the demand keeps growing (due to low price as well), but the supply has basically plateaued and is even slightly dropping (due to the low prices). Check the IEA webpage and latest report: https://www.iea.org/oilmarketreport/omrpublic/

So - yes, we might be in for a bumpy ride - given that the world never before had that much crude in storage ... but I am sure that medium term with storage dropping , existing wells drying up and consumption increasing the oil price will go North again. Probably not as high as it used to be, but high enough for the Saudis (who are one of the lowest cost oil producers world wide) to comfortably survive.

Still - oil might stay for some time in a price range nice to carriers (say below $80), but this is not just AIR, all its competitors benefit as well.

[workingdad]

Additional oil production will be coming on line again very soon, 700 rigs being fired up as we speak - a lot of rigs got cold stacked over the last year or more but operationally they are coming back on line again.

Oil prices will fluctuate as they always do but I don't see prices climbing much, too many rigs and companies keen to get going again.

[Balance]

Not sure about oil heading South again - at least not medium to long term. What the article has overseen is that worldwide the investment into new wells did dramatically drop over the last 18 months or so. It just does not make sense to invest into new wells while the oil price is that low, but existing wells are drying up.

Actually - world oil demand just topped world oil supply again - and the demand keeps growing (due to low price as well), but the supply has basically plateaued and is even slightly dropping (due to the low prices). Check the IEA webpage and latest report: https://www.iea.org/oilmarketreport/omrpublic/

So - yes, we might be in for a bumpy ride - given that the world never before had that much crude in storage ... but I am sure that medium term with storage dropping , existing wells drying up and consumption increasing the oil price will go North again. Probably not as high as it used to be, but high enough for the Saudis (who are one of the lowest cost oil producers world wide) to comfortably survive.

Still - oil might stay for some time in a price range nice to carriers (say below $80), but this is not just AIR, all its competitors benefit as well.

IEA's views have been like that of stock brokers in recent years - following the oil price rather than giving objective and accurate assessment of where oil price is really heading!

A clue to where oil price may be heading is that one of the world's biggest producers Venezuela has just seen its production dropped to 13 year low! Net oil exports are 55% of what they were in 2000.

Venezuela is sitting on the world's biggest proven oil reserves (297 billion barrels) but due to gross mismanagement and corruption, is now a bankrupt nation. Pretty soon, its oil industry will be taken over by foreign interests. It may take a decade but Venezuela can supply 8m barrels a day which will have a profound impact on the supply side.

One opinion any way.

[Balance]

Additional oil production will be coming on line again very soon, 700 rigs being fired up as we speak - a lot of rigs got cold stacked over the last year or more but operationally they are coming back on line again.

Oil prices will fluctuate as they always do but I don't see prices climbing much, too many rigs and companies keen to get going again.

http://www.bloomberg.com/news/articl...rally-sputters

Reinforcing your view.

Oil producers are taking the opportunity of oil price rallies to hedge the heck out of the rallies - if anyone is in the know about price direction, they do.

[Beagle]

https://www.msn.com/en-nz/money/comp...cid=spartandhp

New plane maker comes of age. Could be a good workhorse for AIR's domestic fleet in the future.

[winner69]

Wow - be able to check my fitbit in flight now
http://www.scoop.co.nz/stories/BU160...-bluetooth.htm

For an old geezer like me what's bluetooth anyway?

[Nasi Goreng]

You should get an apple watch instead, they look nicer and you can also use it to check in. Bluetooth uses radiowaves to transmit data. So on a plane, you could transfer your holiday pictures from your phone to another phone, device, laptop.

This is worth at least 10c to the share price, can't believe its down today on that news.

[Beagle]

Wow - be able to check my fitbit in flight now
http://www.scoop.co.nz/stories/BU160...-bluetooth.htm

For an old geezer like me what's bluetooth anyway?

Something us more mature gentlemen are better off without. If you have to be wed to the internet and your phone 24/7 that's a sad way to have to live IMHO.
That said for those that must stay connected at all times this is an enhancement over what the competition, (if you can call it that on domestic flights) offers.
http://www.nbr.co.nz/article/air-new...ices-ng-191799

[winner69]

You should get an apple watch instead, they look nicer and you can also use it to check in. Bluetooth uses radiowaves to transmit data. So on a plane, you could transfer your holiday pictures from your phone to another phone, device, laptop.

This is worth at least 10c to the share price, can't believe its down today on that news.

Thanks Nasi

Don't have a watch so no need for an Apple one

I see my phone has a Bluetooth button. Must see what it does. It seems to be turned on, hoppe not giving me cancer or something

My expensive Nikon camera doesn't have Bluetooth so probably still need to take the connecting cord to download pics on the plane - but you don't have much room to do all that anyway

Suppose the kids will love this new capability.