AIR - Air NZ.

[Beagle]

Even getting back to 2019 levels in 2027 is a big guess

My considered guess is never

As I heard today - So when does the world go back to normal? Sorry to say, but it already did. This is it. This is the new normal.

Spending endless hours jam packed in like sardines in a narrow aluminium tube has never looked this unappealing and I can't help but wonder if the romance of travel ever comes back ? Might not ever get to Switzerland ? Just as well we have Queenstown which is arguably just as good....and I can drive there.

[winner69]

Spending endless hours jam packed in like sardines in a narrow aluminium tube has never looked this unappealing and I can't help but wonder if the romance of travel ever comes back ? Might not ever get to Switzerland ? Just as well we have Queenstown which is arguably just as good....and I can drive there.

Good time to reread Taleb’s Antifragile

all about how some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure , risk, and uncertainty. Maybe get a winner for the future - doubt whether airlines will be winners

[Jaa]

Long-term, for the most part, things will not remain this way. If the virus continues to mutate becoming more infectious but less virulent, people actively take precautions to slow the spread, and we can inoculate against it, then we'll slowly return to our former ways. That's just human nature.

As unsustainable, extractive and even banal as tourism had gotten in so many place around the world pre-COVID I suspect you are right Zaphod. Could even be a tourism surge from people wanting to make up for lost time. A bit like the baby boom after WWII.

[Raz]

As unsustainable, extractive and even banal as tourism had gotten in so many place around the world pre-COVID I suspect you are right Zaphod. Could even be a tourism surge from people wanting to make up for lost time. A bit like the baby boom after WWII.

Currently I do see pent up demand, it really depends on duration, it changes outlook and habits the longer it goes on however its also will change the economics...in the industry and disposable income of individuals, the masses matter than those who can just afford at any price.

[Jaa]

Currently I do see pent up demand, it really depends on duration, it changes outlook and habits the longer it goes on however its also will change the economics...in the industry and disposable income of individuals, the masses matter than those who can just afford at any price.

True, even Air NZ has been surprised by the pent up demand for domestic flights and that was after only 2-3 months of serious restrictions.

Disposable incomes may decline but traveling likely will never be cheaper. Plenty of excess capacity in airlines, hotels, attractions, restaurants etc.

[biker]

True, even Air NZ has been surprised by the pent up demand for domestic flights and that was after only 2-3 months of serious restrictions.

Disposable incomes may decline but traveling likely will never be cheaper. Plenty of excess capacity in airlines, hotels, attractions, restaurants etc.

Yes, and the business’s you mention will adjust their margins to attract people back, returning prices to ‘normal’ at a later date when people ARE back.
So initially a window of very cheap travel which keen travellers will snap up.

[iceman]

The new normal !!!
https://www.forbes.com/sites/avidan/...with-covid-19/

[Sideshow Bob]

The new normal !!!
https://www.forbes.com/sites/avidan/...with-covid-19/

Extremely reassuring!

Although I haven't died for a while, don't think €1,500 would go that far.....

[Marilyn Munroe]

The time has come for civil servants in the Ministry of Transport instead of sipping tea and nibbling biscuits give some stark but realistic advice to the incoming government about the future of Cullen Airlines.

Every ten years or so Cullen Airlines stalls financially and needs an injection of taxpayers money to survive.

A policy of allowing Cullen Airlines to crash and burn next time is politicly untenable. There is no way our elected representatives would accept travelling to Wellington on a bus.

The realpolitik aim should be to limit the dip into taxpayers pockets next time, and there will be a next time.

I propose the the Government announce a single isle aircraft only rescue policy. Operation of wide body jets is solely at the creditors and shareholders risk. This allows support for domestic and Trans Tasman operations. To those that gasp and mutter words like tourism and flag carrier I say international cargo is carried OK by non Kiwi shipping companies why not air travel.

Boop bopp de do
Marilyn

[Beagle]

The new normal !!!
https://www.forbes.com/sites/avidan/...with-covid-19/

Pretty good effort in making PPE gear look good but there's no way to make death look sexy no matter who pays !