sharetrader

Thread: AIR - Air NZ.

  1. #12301
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by bull.... View Post
    cancelling ticket sales , flights - downgrade time soon if it lasts too long
    No they have already said that they don't expect the impact to be material. As I have already posted, I expect the impact to be less than 2 cps in the current year's earnings (less any business interruption insurance they may or may not have and any possible recovery of damages from a third party). I'm sure we will get an update at the annual meeting late next week.
    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

  2. #12302
    Senior Member
    Join Date
    Jan 2016
    Location
    LA/ChCh/AKL
    Posts
    1,231

    Default

    Quote Originally Posted by Beagle View Post
    No they have already said that they don't expect the impact to be material. As I have already posted, I expect the impact to be less than 2 cps in the current year's earnings (less any business interruption insurance they may or may not have and any possible recovery of damages from a third party). I'm sure we will get an update at the annual meeting late next week.
    Been hearing and seeing a few comments like this starting to float around...

    "It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "

  3. #12303
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,322

    Default

    Quote Originally Posted by Raz View Post
    Been hearing and seeing a few comments like this starting to float around...

    "It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "
    There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.

    AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens

    SP is holding up pretty well despite the debacle.

  4. #12304
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,860

    Red face Reminds me of the Blitz

    I hope Chris will be handing out extra $$$ to the team:

    http://www.scoop.co.nz/stories/BU170...ew-zealand.htm
    om mani peme hum

  5. #12305
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by Baa_Baa View Post
    There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.

    AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens

    SP is holding up pretty well despite the debacle.
    Let it drop, quite happy to take another XXOS holding.

  6. #12306
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,322

    Default

    Quote Originally Posted by Baa_Baa View Post
    There's always more to it than is made public, let alone 4 days from an election, both major parties ducking for cover after both ignored warnings of the pipeline vulnerability.

    AIR taking some extraordinary measures limiting Jet fuel consumption. https://www.stuff.co.nz/business/970...crisis-deepens

    SP is holding up pretty well despite the debacle.
    So what's REALLY going on? No chance of really knowing with only a few days before election and the major party's ducking for cover, but ... https://www.stuff.co.nz/business/970...-than-expected

    "Wynyard planning hints at Auckland jet fuel outage lasting longer than expected"

    Currently via media, "at least nine days". if this is prolonged though, it can't be good for AIR SP, except for XXOS buyers.

    And this as well, AIR and NZ Refining becoming effect and cause. https://www.stuff.co.nz/business/ind...nzx-disclosure

    Reckon this will be over in a few days?
    Last edited by Baa_Baa; 19-09-2017 at 08:45 PM.

  7. #12307
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,062

    Default

    Quote Originally Posted by Raz View Post
    Been hearing and seeing a few comments like this starting to float around...

    "It seems really strange to me that one hole is causing so much grief. Nor can I understand how it can take weeks to fix said hole. Is there perhaps a lot more to this story than we are being told? Is the real state of the pipeline much more serious than anyone is prepared to admit just four days from the election? "
    didnt they have a petrol enquiry a while ago - payback time
    one step ahead of the herd

  8. #12308
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,853

    Default

    Even when the fuel starts moving again I heard somebody on the radio say that it will take 2 to 3 days for it to settle (in the tanks?) before recertification can be done. Wouldn't want dodgy fuel in a Dreamliner eh
    Last edited by winner69; 19-09-2017 at 09:03 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #12309
    Member
    Join Date
    Jan 2015
    Posts
    355

  10. #12310
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    http://www.nzherald.co.nz/business/n...ectid=11924331

    Wow..who knew an A380 takes over 300,000 liters of aviation fuel to fill it up !
    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

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
  •