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Thread: AIR - Air NZ.

  1. #12091
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    Quote Originally Posted by Fatboyj View Post
    Wouldn't be surprised if the members on this forum were the 2nd largest shareholders after the government. AIR NZ charter plane to Fiji! Beagle pilot, Couta on drinks service. And if Eval ever turns up, the job of tour leader is his.
    and when is the government going to start disposing of their shares? Chances may be slim but I think its a question of when not if.

  2. #12092
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    Quote Originally Posted by Meextr View Post
    and when is the government going to start disposing of their shares? Chances may be slim but I think its a question of when not if.
    It will never happen.

  3. #12093
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    Exclamation Flying high

    Nice numbers, almost looking good .

    You got to feel sorry for the fuel hedging department though, they are busy as with those collars, swaps and puts.

    And on a lighter note got an interesting piece of research which managed to confuse Qantas with Air New Zealand, or vice versa. I am convinced some one did it deliberately.


    Best Wishes
    Paper Tiger
    om mani peme hum

  4. #12094
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    Does anyone know which version of the a320/a321 neo air New Zealand ordered?

    Looks like the Pratt & Whitney supplied engines are still causing disruption to airlines who use them

    http://m.economictimes.com/industry/...w/60116613.cms

  5. #12095
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    airline sector still in good cycle according to these figs ,in Australasia.
    Sydney Airport Traffic Performance July 2017
    AIA June 2017 - Monthly Traffic Update

  6. #12096
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    Quote Originally Posted by johnluangco View Post
    Does anyone know which version of the a320/a321 neo air New Zealand ordered?

    Looks like the Pratt & Whitney supplied engines are still causing disruption to airlines who use them

    http://m.economictimes.com/industry/...w/60116613.cms
    Pratt & Whitney
    Source: http://www.utc.com/News/PW/Pages/Air...amily-Air.aspx

  7. #12097
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    Quote Originally Posted by weasel View Post
    Ah... cheers hopefully engine issues are sorted by next year.

  8. #12098
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    Quote Originally Posted by johnluangco View Post
    Ah... cheers hopefully engine issues are sorted by next year.
    Yes...teething problems with new technology engines are not uncommon and it would seem that P & W have worked on resolutions
    https://runwaygirlnetwork.com/2016/0...assures-pratt/
    From memory I think AIR have pushed their A320 / A321 scheduled deliveries later.
    Edit - Yes, see pages 61 and 62 of Investor day briefing https://www.nzx.com/files/attachments/259318.pdf
    Says the push of 12 months was for newer interiors but perhaps it could be for the newer version of the engine too ?
    Anyway, first NEO A320 not due until July 18 and first NEO powered A321 not due until Sept 18. Hopefully Pratt and Whitney have any further technical issues sorted out before then.
    Last edited by Beagle; 19-08-2017 at 12:00 PM.
    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

  9. #12099
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    Quote Originally Posted by Beagle View Post
    Yes...teething problems with new technology engines are not uncommon and it would seem that P & W have worked on resolutions
    https://runwaygirlnetwork.com/2016/0...assures-pratt/
    That was last year; one year on the problems persist. https://blogs.crikey.com.au/planetal...new-tech-jets/

    Quantas delayed their engine choice and finally settled for the CFM ones.

  10. #12100
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    AIR bonds at 4.0% at the moment (before tax)

    AiR dividend yield currently about 8.0% (before tax)

    Some would say a 4% equity risk premium for an airline is pretty thin .....hmmm



    Interestingly PWC use an overall market risk premium of 7.5%
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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