sharetrader

Thread: AIR - Air NZ.

  1. #13661
    Advanced Member
    Join Date
    Jun 2016
    Posts
    1,621

    Default

    Quote Originally Posted by Snow Leopard View Post
    You obviously know absolutely nothing about the modern Garuda Airlines.
    Just my opinion based on observation of Garuda's deteriorating performance in recent months, passenger complaints increasing due spate of delays & major flight cancellations since December, even pilots talking about Garuda's good reputation being ruined, pilot & union discontent with new management cost cutting due to huge losses in 2017 & new board members with no airline experience contributing to deteriorating performance, $64.3 million loss for Jan- March period. Not great when an airline has all it's pilots threatening to strike (called off at last minute) & claiming management not listening.

    I've flown a few airlines too & worked (in management) for a few as well, & the point I was making was just Imo wouldn't rate Garuda above Air NZ although happy to accept others may see differently.

  2. #13662
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    https://www.nzherald.co.nz/business/...ectid=12091693

    Relax RR has your back with their forthcoming robots.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  3. #13663
    Guru
    Join Date
    May 2006
    Location
    , , .
    Posts
    3,305

    Default

    Quote Originally Posted by Beagle View Post
    Welcome back...I kind of missed sparring paws with you. Brilliant service standards on another cut price carrier leading to more traumatized passengers.
    https://www.msn.com/en-nz/news/world...cid=spartandhp I would think that would be a firing offence on an AIR aircraft. Wonder how the top brass would discipline that Air China Pilot ? We bus ticket slap on the paw PT ? Note the reasonably lengthy incarceration of a British Airways pilot...an indication that for want of a better description "traditional" carriers take these sort of issues more seriously ?
    Should be a firing offence?
    It was - pilots lost their license
    http://www.radionz.co.nz/news/world/...ette-emergency

  4. #13664
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by dobby41 View Post
    Should be a firing offence?
    It was - pilots lost their license
    http://www.radionz.co.nz/news/world/...ette-emergency
    My goodness...that certainly was taken extremely seriously !
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  5. #13665
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,857

    Default

    Quote Originally Posted by Beagle View Post
    My goodness...that certainly was taken extremely seriously !
    "Once the crew saw that the air conditioning had been turned off, they reactivated it and brought the flight back to its normal altitude."

    The smoking and turning the air-con off is actually the minor part of the incident.
    Once the emergency oxygen had been deployed they should have stayed low and landed as was practible. Climbing back to altitude with a spent oxygen system was a critical, life-threatening action that had no justification in the circumstances.
    om mani peme hum

  6. #13666
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,857

    Default

    Quote Originally Posted by Blue Skies View Post
    Just my opinion based on observation of Garuda's deteriorating performance in recent months, passenger complaints increasing due spate of delays & major flight cancellations since December, even pilots talking about Garuda's good reputation being ruined, pilot & union discontent with new management cost cutting due to huge losses in 2017 & new board members with no airline experience contributing to deteriorating performance, $64.3 million loss for Jan- March period. Not great when an airline has all it's pilots threatening to strike (called off at last minute) & claiming management not listening.

    I've flown a few airlines too & worked (in management) for a few as well, & the point I was making was just Imo wouldn't rate Garuda above Air NZ although happy to accept others may see differently.
    Several of those ahead of AIR in the rankings have similar and other problems, but the awards are about customer satisfaction as determined by consensus of the many.
    om mani peme hum

  7. #13667
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by Snow Leopard View Post
    "Once the crew saw that the air conditioning had been turned off, they reactivated it and brought the flight back to its normal altitude."

    The smoking and turning the air-con off is actually the minor part of the incident.
    Once the emergency oxygen had been deployed they should have stayed low and landed as was practible. Climbing back to altitude with a spent oxygen system was a critical, life-threatening action that had no justification in the circumstances.
    Good point !
    https://www.nbr.co.nz/article/farnbo...re-ng-p-216928
    Last edited by Beagle; 22-07-2018 at 11:45 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  8. #13668
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,838

    Default

    nothing like a bit of rivalry between competitors

    They'll be a nusiance to AIR for a while

    https://www.nzherald.co.nz/business/...ectid=12096646
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #13669
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  10. #13670
    Junior Member
    Join Date
    Jun 2018
    Posts
    14

    Default

    July August Sept Oct Nov Dec Jan Feb Mar Apr May Jun Total
    Passengers carried 2014/15 1,055 1,046 1,330 1,093 1,090 1,431 1,071 1,138 1,507 1,167 1,030 1,341 14,154
    Passengers carried 2015/16 1,355 1,126 1,433 1,144 1,185 1,514 1,139 1,240 1,534 1,204 1,071 1,215 14,979 5.83%
    Passengers carried 2016/17 1,356 1,175 1,500 1,226 1,232 1,595 1,182 1,268 1,613 1,285 1,165 1,357 15,954 6.51%
    Passengers carried 2017/18 1,404 1,228 1,567 1,318 1,332 1,691 1,254 1,335 1,753 1,384 1,239 1,471 16,976 6.41%
    Revenue passenger kilometres 2014/15 2,247 2,193 2,741 2,141 2,117 2,960 2,604 2,442 3,055 2,410 2,105 2,919 28,519
    Revenue passenger kilometres 2015/16 3,001 2,428 3,157 2,401 2,381 3,497 2,858 2,694 3,294 2,568 2,257 2,688 31,476 10.37%
    Revenue passenger kilometres 2016/17 3,069 2,589 3,371 2,614 2,570 3,583 2,954 2,749 3,321 2,711 2,401 2,922 34,854 10.73%
    Revenue passenger kilometres 2017/18 3,058 2,660 3,408 2,781 2,667 3,678 3,026 2,923 3,682 2,933 2,608 3,220 36,644 5.14%

    Passengers still steadily increasing, although revenue passenger kms have a slight dent in them. Graphs attached.
    Capture.jpg

    PS Has had a peek at the AIR's fuel hedging recently? 2017H2 saw -952k net compensation. 2018H2 on track for 48M net compensation. Not an accountant so unsure how that flows through to financials.
    Attached Images Attached Images
    Last edited by Enjay; 31-07-2018 at 09:14 PM. Reason: Corrections to Sept 14/15

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •