sharetrader

Thread: AIR - Air NZ.

  1. #10041
    Senior Member
    Join Date
    Jan 2016
    Location
    LA/ChCh/AKL
    Posts
    1,231

    Default

    [QUOTE=Xerof;649989]I hear you, but the reality is there is a priority order. EG, on AIR, if a flight is cancelled, the ground staff immediately allocate Gold Elites to the next flight (s) with seating available, followed by Gold, Silver, etc, before you even get to the counter. If you don't have a loyalty card, you are custard. This applies to most, if not all airlines.

    I was on a cancelled flight out of Invercargill (and was GE at the time) and was flying with 2 colleagues who were 'custard class' This was my first ever cancelled flight whilst being GE, and I was not expecting to be treated any differently, so we all joined the queue to rebook. I was surprised to find I was already booked on next available, whilst my colleagues were 4 hours later.

    As an aside, one of them had a young family to get home to, for me it didn't matter if I was late, so I offered to swap flights. The ground staff looked at me twice, but were happy to follow orders. In appreciation my colleague bought me a Powerball random dip, which struck first division and 26million powerball.

    That is true and experienced that however that is different than kicking people off the next flight to make room...never seen that happen.....

  2. #10042
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default Dreamliner Bargain.

    I was in the neighborhood so stopped by the airport viewing area yesterday evening and was treated to the rare sight of an AIR Dreamliner landing while another was first in the queue on hold ready for takeoff. I must admit it gave me a quiet sense of satisfaction to see these two new modern and highly efficient aircraft working hard for us shareholders during our holiday's.
    With nine of these highly efficient birds now online and no major heavy maintenance due on them for the first nine years I watched the second one take off into the sunset and thought to myself...I wonder if people are underestimating the degree of new efficiencies these bring to AIR ?

    What airlines actually pay for aircraft is usually a closely guarded commercial secret but its no secret that nobody pays list price.

    The list price is now apparently over U.S.$250m for the 787-9 and Chris Luxon did let it slip at the 2015 annual meeting that they cost AIR only $150m to AIR after receiving a very special launch discount.
    I had thought previously he'd meant $U.S.150m (although U.S. currency certainly wasn't mentioned when he talked of the $150m purchase cost) but maybe he meant $150m $Kiwi ?

    If so that would represent an extraordinarily good deal for the 787-9 version and perhaps even better than larger airlines, see this link, an oldie but a very good one for considering what sort of bargain we really got considering what they are rumored to cost to produce ! http://www.forbes.com/sites/afonteve.../#44de1e80450c

    I think this Dreamliner acquisition which had its roots about a decade ago, (9 on hand now, 3 more firm orders over the next 3 years and 6 more options) sets AIR up very nicely for operational efficiency for the next 15-20 years. New ATR600's are a real accountants aircraft too, extremely cheap to run.

    Anyway it seems money still talks, (no surprises there and that will never change) and lots of money still talks loudly no matter who's doing the talking, see discounts Iran AIR say they're getting on their $10 billion dollar deal. https://www.nbr.co.nz/article/carry-...unts-ng-198318

    If you're bored in the holidays and want to know about the interesting way Boeing accounts for the costs on these aircraft among many other things, this is an interesting read https://en.wikipedia.org/wiki/Boeing_787_Dreamliner
    Last edited by Beagle; 02-01-2017 at 09:43 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

  3. #10043
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Hey Roger - looks like you'll have to fly Jetstar to Queenstown next trip - no room on the ground for your private jet

    http://www.stuff.co.nz/business/8803...ts-turned-away
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #10044
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Quote Originally Posted by winner69 View Post
    Hey Roger - looks like you'll have to fly Jetstar to Queenstown next trip - no room on the ground for your private jet

    http://www.stuff.co.nz/business/8803...ts-turned-away
    LOL mate. Tough at the top when there's no space to park one's Gulfstream 650 isn't it !
    My one's ready next month and I can't even take it to Queenstown http://www.bing.com/videos/search?q=...=0&FORM=VDMCNL
    Last edited by Beagle; 02-01-2017 at 11:28 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

  5. #10045
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    AIZ going well on ASX today

    Bodes well for 220 plus tomorrow

    This is going to be a great year

    No worries
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #10046
    Senior Member
    Join Date
    Oct 2013
    Posts
    1,275

    Default

    I forgot Air was dual listed! Will check it out.

  7. #10047
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,738

    Default

    Looking at yahoo charts and comparing AIZ and QAN
    https://au.finance.yahoo.com/q/bc?s=...l&q=l&c=QAN.AX

    QAN share price has outperformed AIZ over 1, 6, 12 and 24 month periods

    Hmm - might need to swap if I want to have an airline stock longer term. QAN has the advantage of being bigger and listing on a bigger home exchange

    Bea bugger if NZDAUD reached parity though
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #10048
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Quote Originally Posted by Roger View Post
    LOL mate. Tough at the top when there's no space to park one's Gulfstream 650 isn't it !
    My one's ready next month and I can't even take it to Queenstown http://www.bing.com/videos/search?q=...=0&FORM=VDMCNL
    Think of your carbon footprint Roger; something more down to earth perhaps

    A tiny house with wings for walls - Westphoria - Sunset

  9. #10049
    Veteran novice
    Join Date
    Jun 2007
    Location
    , , .
    Posts
    7,289

    Default

    Quote Originally Posted by winner69 View Post
    Looking at yahoo charts and comparing AIZ and QAN
    https://au.finance.yahoo.com/q/bc?s=...l&q=l&c=QAN.AX

    QAN share price has outperformed AIZ over 1, 6, 12 and 24 month periods

    Hmm - might need to swap if I want to have an airline stock longer term. QAN has the advantage of being bigger and listing on a bigger home exchange

    Bea bugger if NZDAUD reached parity though
    Think about it, winner.

    Do you really want an airline stock longer term?


  10. #10050
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,250

    Default

    Well circa 9% net dividend for foreseeable future does look compelling

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
  •