AIR - Air NZ.

[nztx]

We certainly live in interesting times ! Border controls to continue until well into 2022 ? https://www.nzherald.co.nz/nz/politi...C2DJFAKXETVAI/

$1.85...it seems to me this one is flying on fumes and hope and little else.

Yep agreed - but if it keeps the blind Beehive bunch amused looking at the clouds of BS then WTH ..
At least it keeps them away from meddling with other things

[Jaa]

The airpoints noise sounds like softening up for a capital raise to me. One of their many valuable assets.

Time to admit Air NZ's strategy to play for time was the correct one Beagle? Will be more demand for their capital raising next year with a stable domestic business, approved vaccines being distributed and an end to the pandemic clearly in sight.

The border will go through a staged re-opening, Australia first who plan to make the vaccine mandatory then other low risks/highly vaccinated countries like Singapore, Taiwan, Hong Kong, South Korea, Japan etc. That is a good part of Air NZ's international network.

Who knows the US could surprise us all by reaching herd immunity first with their high infection rate and early access to so many vaccines. Which is of course the other major part of Air NZ's international network.

Higher risk countries last unless a person can prove they have been vaccinated. People will fake the familiar yellow vaccine book or anything equivalent so there might have to be antibody testing before bording? Am waiting for some fool to suggest a blockchain solution...!

[Beagle]

No...they're just limping along on life support. Completely idiotic buying at this price in my opinion knowing a capital raise is coming.

[Jaa]

Price is not strategy.

[Beagle]

Neither is hope and flying on fumes.

[winner69]

Jeez ...nearly hit 2 bucks today

Must be on its way to 3 bucks

[BlackPeter]

Jeez ...nearly hit 2 bucks today

Must be on its way to 3 bucks

Just amazing isn't it? Just looking at the boring fundamentals ... P/E around negative 5 and losing 40 cents per share in the year without a clear path back to profitability - this must be the new star. On the plus side - there is little uncertainty about their financial problems, and low uncertainty is clearly a good thing ; I reccon SP will go further up on further negative news ;

Maybe its not just the US president de-elect living in an alternative universe?

[Beagle]

Just amazing isn't it? Just looking at the boring fundamentals ... P/E around negative 5 and losing 40 cents per share in the year without a clear path back to profitability - this must be the new star. On the plus side - there is little uncertainty about their financial problems, and low uncertainty is clearly a good thing ; I reccon SP will go further up on further negative news ;

Maybe its not just the US president de-elect living in an alternative universe?

LOL Surely the post of the week ! Maybe the orange clown is about to make a takeover lol

[Blue Skies]

Jetstar taking it to AIR releasing thousands of fares from $19. Aggressively trying to expand market share.
Surprised there hasn't been more of a reaction to the AIR SP.

[Waltzing]

This is why we have started the move back into travel and the doubling of share prices because of new technologies for safe travel could see travel boom and SP's in this sector x+ >2.

probably only air travel around NZ wont get these new technologies....just yet?