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Thread: AIR - Air NZ.

  1. #12891
    ShareTrader Legend Beagle's Avatar
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    Great that there hasn't been any more Trent 1000 engine failures this summer so far. Hopefully Rolls Royce are making steady progress working through the overhaul program. AIR are well positioned to compete with oil at the current level with these aircraft once all the engines have been overhauled and all Dreamliners are up and flying again.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
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  2. #12892
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    still dealing with the fall out though, I was looking at flying to perth this week at short notice, see the direct flight is a hifly one as replacement planes, no business class, alternative is to take two flights with a stopover, one with airnz the other with virgin...... not looking good for my preference to airnz

  3. #12893
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    Know a couple who just flew back from Perth on one of those Hifly. Some AirNZ crew, but some things did not work, limited content on entertainment side, some screens not working at all, personal light hanging down.
    Sooner they get their Dreamliner's back in the AIR the better.

    On the plus side - article in NZ Herald Travel lift out yesterday, praising the way AIR handled a delay due to fault - delayed 6 hours, were kept informed, given meal vouchers etc

  4. #12894
    Speedy Az winner69's Avatar
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    beagle told us all this about Qantas's fleet a while ago

    http://www.smh.com.au/business/aviat...15-p4z0gd.html
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #12895
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    “Domestic passenger numbers were up 7.7% to 4.6 million, “
    https://www.nzx.com/announcements/314316

    Above from the Auckland Airport Result. Surely this has to be good for AIR.
    Last edited by RTM; 16-02-2018 at 08:58 AM. Reason: Additional info

  6. #12896
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    Yes you would think it would be considering AIR generates most of its profits from the domestic market and even with jet star operating a domestic service it hasn't really impacted greatly over the years. Not sure what the financial impact of the engines issue and the fuel crisis at AIA but the stats are looking good for a favourable year.

  7. #12897
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    Simply Wall St has a DCF valuation of $4.60
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  8. #12898
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    Analysts are starting to pick up on the potentially quite substantial free cash flow in the early 2020's after AIR has ostensibly completed its fleet upgrade.
    That valuation is at a very wide divergence to other valuations though.
    Last edited by Beagle; 17-02-2018 at 08:36 AM.
    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. #12899
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Seti View Post
    Simply Wall St has a DCF valuation of $4.60
    Wow ....that’s pretty bullish
    Last edited by winner69; 17-02-2018 at 08:55 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #12900
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    Quote Originally Posted by winner69 View Post
    Wow ....that’s pretty bull Sh eh
    I'm starting to hope that this Trent 1000 engine fiasco might be brought to a conclusion earlier than first envisaged. Every engine that Rolls overhaul with the new fan blade design and every week that passes without another engine failure is one step closer to this unfortunate saga drawing to a conclusion. I don't think there's any question about the degree of free cash flow in the early 2020's.
    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

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