AIR - Air NZ.

[winner69]

Start at the top and work slowly downward.

That sounds like a good strategy

[winner69]

Our man Chris’s concern about current trading has hit Qantas shares as well

[winner69]

Your man Chris doing a good job convincing his big biz peers, that the ANZ biz confidence surveys, are 'BS' and 'Junk'.
Grunter Robertson ( big shareholder! ) and PM pleased with his work?

Good one greater fool

[biker]

https://www.nzherald.co.nz/business/...ectid=12198445

Good Chris Luxon is taking the cost cutting seriously and leading the team doing that review...they need to be thorough. What would be helpful is if all unions were mindful that economic conditions are starting to slow and are cognisant of that with their more realistic expectations going forward.

Yeah right. Corporate profits down? Go for the workers who provide it

[biker]

There is always the risk that continuing to cut costs comes back to eventually bite you in the a r s e. Especially in the airline business

[Baa_Baa]

Bugger, this has been letting out air (pun) since the double top Sept 2017, now it gaps down on a crap forecast just before the golden cross which won't happen anytime soon now, so we have to wait and see where it lands. It can be a long time between drinks (buy in) with AIR. Patience I tell myself, patience.

[Beagle]

Yeah right. Corporate profits down? Go for the workers who provide it

Average salary is over $110K. What we need is a good old fashioned wage freeze for 3 years like Joyce did with Qantas for everyone over the average salary of $110K. Was at a party on Saturday and two people I knew there from years gone by work for AIR in a fairly senior capacity...honestly their "entitlement attitude" really made quite an impression. The number of people at AIR on more than $300K per annum is really eye watering to be quite frank about it.

[Yoda]

Bugger, this has been letting out air (pun) since the double top Sept 2017, now it gaps down on a crap forecast just before the golden cross which won't happen anytime soon now, so we have to wait and see where it lands. It can be a long time between drinks (buy in) with AIR. Patience I tell myself, patience.

Maybe somewhere near the 2.60 it was in November ?
well, in 1996 it was $20 .. look at it now. Some things get better with time , and , well some things just don,t. ( maybe there was a share split, i dont know ) but the chart gives me the shivers... .imagine if that was your kiwisaver !

[dreamcatcher]

Disappointing update but was holding for div so not that upset SP probably near bottom.

Wonder what percentage of shares remain in NZ holders control.

GS update NZ$2.85

[Raz]

Disappointing update but was holding for div so not that upset SP probably near bottom.

Wonder what percentage of shares remain in NZ holders control.

GS update NZ$2.85

No sun shine in this place so focused on the sun shine outside today. Management reaction to change in trading has be slow and not well anticipated..like other companies..they act like the change in cycle conditions is new to them, perhaps it is...