AIR - Air NZ.

[RTM]

So Beagle has gone from one extreme to the other, as he always does.

http://www.nzherald.co.nz/business/n...ectid=11957358

Lol
Paper Tiger

Yes he has PT. We saw that with HBL as well. But is that so wrong ? I appreciate him laying out his thoughts and then sharing the action he's taken. Roger's approach is not for everyone, but one thing I do like, especially in comparison to my investment style, is that he does seem very decisive and acts on the information he has. I tend to sit and stew a lot longer, sometimes until it is to late to take any action, preferring to ride it out knowing that with most stocks there will be ups and downs.

I think I am going to take this approach with this hiccup with Air New Zealand as well. All companies are going to have hiccups along the way. And then you rely on the calibre of the management to do their job effectively. I believe / hope that they are doing this.

Best,
RTM

[winner69]

Pretty solid operating stats for November

Short haul continues to experience double digit revenue growth and long haul had a positive month

So YTD passenger revenues about 6% ahead of last year .....that's pretty good

[Joshuatree]

It looks good to me. And the engine prob easily manageable.

"At this stage, we do not anticipate any change to current guidance. "


"Air New Zealand has leased two aircraft to help maintain its timetable during the unscheduled maintenance of some Rolls-Royce engines on its 787-9 fleet."




“Unfortunately, around 4,500 customers have been affected by international flight delays and a small number of cancellations over the past week. Once these two additional aircraft are in service we will be able to operate a near normal timetable,” Ms Hawthorne says.

[peat]

this engine stuff is all just 'maintenance' sooner than expected causing 'limited' cancellations.
Unlimited cancellations would be quite bad so its encouraging to hear they are limited.

The market certainly hasn't liked something this morning with AIR falling 3% during the morning session.
It did have a similar fall one week ago, so it could just be the natural order.
The critical area in my opinion will be 3.10 , if it goes through that then we could easily see 2.60

[Benny1]

this engine stuff is all just 'maintenance' sooner than expected causing 'limited' cancellations.
Unlimited cancellations would be quite bad so its encouraging to hear they are limited.

The market certainly hasn't liked something this morning with AIR falling 3% during the morning session.
It did have a similar fall one week ago, so it could just be the natural order.
The critical area in my opinion will be 3.10 , if it goes through that then we could easily see 2.60

Having 3 Aircraft grounded with no guarantee's that the ones still flying won't suffer another engine incident is more than just "Maintenance "
Will be interested to see the punters reaction to the leased aircraft and crews...

[Baa_Baa]

Having 3 Aircraft grounded with no guarantee's that the ones still flying won't suffer another engine incident is more than just "Maintenance "
Will be interested to see the punters reaction to the leased aircraft and crews...

I agree, 10 cents off today looks like the 'news' is taking effect, eyes on for proactive investors, this share can react big time either way on pretty much any news. That on top of a slow declining trend for the past 6 months, now below the 50EMA (again) and horizontal support at around 3.15 slightly above the lower Bollinger, and 200 MA support it might pay to be alert.

[peat]

.... more than just "Maintenance "

yep , thats what I was saying
hence the

[Raz]

I agree, 10 cents off today looks like the 'news' is taking effect, eyes on for proactive investors, this share can react big time either way on pretty much any news. That on top of a slow declining trend for the past 6 months, now below the 50EMA (again) and horizontal support at around 3.15 slightly above the lower Bollinger, and 200 MA support it might pay to be alert.

Nice, best post here for a while...

[Benny1]

yep , thats what I was saying
hence the

Ahh right sorry ! Fair enough 😃. Do agree with you that sub $3.10 could be a telling mark...
A price with a 2 in front of it could start to look a little interesting....

[Joshuatree]

Nothing to be sorry about peat was being about as clear as winnie the pooh pretending to be a cloud,!!. watching(and holding) this stock closely. Storm in a teacup maybe/maybe not.