AIR - Air NZ.

[couta1]

Gender equity is fine and dandy, but any sort of quota PC crap is not.

[Beagle]

http://www.scoop.co.nz/stories/BU171...+November+2017

Another day...another award...I agree with some people's comments both on the record and sent by PM that its easy to become blasé about all these awards as they win so many of them...BUT I think we should remind ourselves now and again that whilst its true that nearly all airlines fly ostensibly similar metal in the sky, all burning vast amounts of fossil fuels to do so, this is not a lucky dip situation.. they win all these various awards for very sound reasons.

[Zaphod]

The blockchain is just an open source technology offering a different option to register securities. While the technology (block chain) has huge potential and while now even real companies are looking into employing this technology (like the article stated about AIR), does this in no means imply that any of the currently in some sort of blockchain registered securities (like Bitcoin, Ethereum) have any future.

WYN, PEB and FPH (and all other NZX companies) all use currently the same "registration technology" (asking Computershare or Link to maintain their central register). Does not mean that this "technology" has anything to do with the potential of the registered company.

IMO this is another case of AIR strategically dropping in some buzzwords in order to gain some additional publicity. Similar things occurred when AIR adopted VOIP services back in the day.

[weasel]

The blockchain is just an open source technology offering a different option to register securities. While the technology (block chain) has huge potential and while now even real companies are looking into employing this technology (like the article stated about AIR), does this in no means imply that any of the currently in some sort of blockchain registered securities (like Bitcoin, Ethereum) have any future.

WYN, PEB and FPH (and all other NZX companies) all use currently the same "registration technology" (asking Computershare or Link to maintain their central register). Does not mean that this "technology" has anything to do with the potential of the registered company.

I can understand companies partnering or doing proof-of-concepts, etc - but actually *investing in the token sale*? That seems a bit weird to me.

[Jantar]

I can understand companies partnering or doing proof-of-concepts, etc - but actually *investing in the token sale*? That seems a bit weird to me.

I look at it as just another way of managing multi currency transactions without the added complexity of continuously fluctuating exchange rates.

[winner69]

This Winding Tree news - now I know what Luxon means when he goes on about assertively synthesizing B2B fungibility efficiently by re-engineering leading-edge synergistic processes.

He goes on to say the how to is progressively mesh technically sound collaboration and idea-sharing

[Zaphod]

This Winding Tree news - now I know what Luxon means when he goes on about assertively synthesizing B2B fungibility efficiently by re-engineering leading-edge synergistic processes.

He goes on to say the how to is progressively mesh technically sound collaboration and idea-sharing

LOL, that about sums the situation up!

I can understand companies partnering or doing proof-of-concepts, etc - but actually *investing in the token sale*? That seems a bit weird to me.

They're probably betting on increased profits through a more efficient supply chain and potentially a ROI on any appreciation of the newly invented currency. It's an interesting concept though.

[Beagle]

One would hope this new strategy has more payback than their most recent foray into new technology, (massive capex on a whole fleet of expensive new European electric cars to save the equivalent of one tank of fuel for one Dreamliner just once, and that over the entire lifetime of the entire fleet's operation at a capex cost many many times a function of the fuel saved). Of course that particular foray may pay dividends with marketing and environmental awareness not to forget political correctness which seems so incredibly important these days...or so they tell me. Blockchain and Cryptocurriencies the new buzzwords to impress the techno aware and have some marketing payback as well ?

[moka]

Mate I don't really understand your apparent obsession with diversity but I am happy to accept that we all have our various idiosyncrasies and viewpoints and are perfectly entitled to hold them.

I don’t think Winner is obsessed with diversity - he just realises it is important because years of research has shown that more diverse workplaces are more innovative and thus perform better than those that aren't. Complex problems are best approached by teams with a variety of perspectives.
Unconscious bias describes situations where our background, personal experiences, societal stereotypes and cultural context can impact our decisions and actions without us realising. Making the unconscious conscious will help people make more objective decisions, facilitate inclusive interactions, and create opportunities.

https://www.businessinsider.com.au/g...=US&IR=T#/#-41

[Blair]

The blockchain is just an open source technology offering a different option to register securities. While the technology (block chain) has huge potential and while now even real companies are looking into employing this technology (like the article stated about AIR), does this in no means imply that any of the currently in some sort of blockchain registered securities (like Bitcoin, Ethereum) have any future.

WYN, PEB and FPH (and all other NZX companies) all use currently the same "registration technology" (asking Computershare or Link to maintain their central register). Does not mean that this "technology" has anything to do with the potential of the registered company.

I am not sure if you are grossly oversimplifying on purpose or because you don't understand or I just don't get where you're coming from.

The blockchain may have started as "just" a distributed, decentralized register of value with the original blockchain that underpinned bitcoin, but Ethereum seeks to be much more. One reason it is so popular and why private companies are choosing to build applications on top of the Ethereum blockchain is smart contracts. Here is a copy/paste from an article a couple of months ago about how AXA Insurance is trialing an application built on the Ethereum blockchain.

Called “fizzy,” the new product ... offers compensation to policyholders whose flights are delayed by more than two hours.


The Ethereum blockchain is used both to record a smart contract copy of the insurance and also to link into global air traffic databases to match flight data to insurance policies. If the data detects a delay of more than two hours on a given flight, it then checks the insurance policy records and should it find a match, it automatically makes an insurance payment.

So the details are coded into a smart contract, stored on the Ethereum blockchain, and when parameters are met in the future, parts of the smart contract auto-execute, all with no human intervention. It has been called (or perhaps promoted as) "the world's supercomputer". To call it a "different option of registering securities" would be akin to teleportation being invented and being calling merely a "different system of transport".

I agree that the blockchain implementation(s) that are most successful in future may not exist now, but it IS implied that Ethereum has a future - otherwise, it is unlikely there would be companies being built on top of this blockchain and unlikely that Air New Zealand would support one of those companies financially.

Of course an implication is not a guarantee and the best idea doesn't always win.