AIR - Air NZ.

[Sideshow Bob]

corporate travel announcement provides a good guidance on impact of virus to date. feb bookings down 50%

https://www.asx.com.au/asxpdf/202002...qp8m38mldy.pdf

Our (small) company would normally have various trips organised to HK/China at this time of year to see customers etc, and 90% of these are with AIR - so $10-15k we are not spending. Not going anywhere near the place currently.....

[bull....]

air nz asia travel bookings i imagine will be down already. probably significantly. so work out the % of this part to there profits and theres the immediate hit to the bottom line. So agree with beagle downgrade coming.

[dreamcatcher]

Hopefully lifting travel ban by China not too far away.

Appears there is a break through with China reporting declining new cases of NOVID-19 on 17th Feb down from 2048 on Feb 16th and recoveries picking up as well with 1708 reported on 17th Feb up from previous day of 1425 recoveries. Interesting to note 46,524 cases as reported as 'MILD CONDITION' remembering 80% of deaths to date are over 60's in poor health so if one is to worry constantly scaremongering and down-ramping should reconsider Retirement stock which would also be very high risk as everyone there are over 60yrs with RYM having a nose bleed today down 48 cents.

Healthy friends returned from China their 14 day curfew lifts in 4 days.

[Preston]

Next few days could be interesting. $2.50 is the base of the pattern here
Attachment 11040

[Cadalac123]

Corporate travel seems quite affected wondering if SKO will downgrade guidance like WEB

[dreamcatcher]

Could AIR handle 16,000 - 100,000 Chinese Uni students traveling immediately after Travel Ban lifted maybe to NZ

Appears no shortage of willing Chinese travelers.

"The Australian this morning reports on a survey of more than
16,000 Chinese students stranded in China by the travel ban
which found nearly a third of them (32 per cent) would enrol in
another country if they were prevented from studying in Australia
in the first semester of this year. The paper notes that if all of the
roughly 100,000 Chinese students who are expected to study in
Australian universities this year have to postpone their study in
the first semester, universities face losing up to $2bn."

[bull....]

qantas says virus will impact earnings 100 - 150 million and will be updated in april

https://www.asx.com.au/asxpdf/202002...5l4gl2y21j.pdf

[blackcap]

qantas says virus will impact earnings 100 - 150 million and will be updated in april

https://www.asx.com.au/asxpdf/202002...5l4gl2y21j.pdf

Doesn't AIR pretty much run international flights at break even and they make all their profits from their domestic operation anyway? I am pretty sure AIR will be in good stead to survive this coronavirus thing. The impact and disruption will be offset by lower fuel costs.

[bull....]

Doesn't AIR pretty much run international flights at break even and they make all their profits from their domestic operation anyway? I am pretty sure AIR will be in good stead to survive this coronavirus thing. The impact and disruption will be offset by lower fuel costs.

qantas impact was taking account of lower fuel costs in there impact calculation. air will be impacted no doubt. qantas also said demand reduction was spreading to the whole of asia. obviously the outlook and impact when affect accounts going forward the longer the virus stays the bigger the impact will get over time.

[winner69]

Doesn't AIR pretty much run international flights at break even and they make all their profits from their domestic operation anyway? I am pretty sure AIR will be in good stead to survive this coronavirus thing. The impact and disruption will be offset by lower fuel costs.

The $150m impact Qantas mention is after for adjusting for lower fuel costs etc.

Even if they are currently break even on international the impact of virus means they’ll be losing money