AIR - Air NZ.

[stoploss]

25%, depending on passenger mix would barely cover the fuel costs let alone crew, landing fees e.t.c.. It will be interesting to see how long Singapore last with this service into N.Z.

It would be a real blow to Infratil's runway expansion plans if another airline pulled out of international routes ex Wellington wouldn't it !

Hubbing international flights from Chch and AKL only as AIR suggests is the only way to go...seems like they have this bang on the money.

So the subsidy per passenger is 4 times as much as their forecasts mmmmm no worries us poor old ratepayers here to bail out yet another poor commercial decision by WCC...
http://www.stuff.co.nz/business/7616...ayers-millions

[Beagle]

So the subsidy per passenger is 4 times as much as their forecasts mmmmm no worries us poor old ratepayers here to bail out yet another poor commercial decision by WCC...
http://www.stuff.co.nz/business/7616...ayers-millions

Why should residential ratepayers pay for incentives so that business in Wellington can theoretically benefit from having more tourists that theoretically wouldn't come to Wellington hubbing through Auckland or Christchurch anyway ? How does this benefit Wellingtonians generally ?...talk about drawing a long bow !

[Snow Leopard]

That much touted Singapore - Canberra - Wellington won't be worrying AIR too much

Reckon 25% full on Canberra - Wellington leg

http://australianaviation.com.au/201...form=hootsuite

Just to point out that you should not believe everything you read in the papers.

Oct 16 Singapore Airlines Load Factors
Wellington - Canberra 62.0%
Canberra - Singapore 75.1%

Singapore - Canberra 90.8%
Canberra - Wellington 57.4%

Nov 16 Singapore Airlines Load Factors (just released)
Wellington - Canberra 63.4%
Canberra - Singapore 79.3%

Singapore - Canberra 85.4%
Canberra - Wellington 60.8%

Best Wishes
Paper Tiger

[Nasi Goreng]

So we are a couple of weeks away from earnings and SP is hanging around the $2.10 area after going up to $2.27 a few weeks ago.

As volatile as Air NZ can be, what do you think the +/- % variance may be after results and guidance is communicated? At this stage, 4 months away from year end, I would hope they have a very good feel for end of year profit number so hopefully they will be able to tighten the range of their forecast.

What is the market expecting? A revised guidance to the bottom of the range may send the SP down potentially by about 10%. If we get above the midpoint, I think it goes higher than $2.27 and a surprising result toward the top of the range might have the SP heading for $2.50.

Interesting times...

[Zaphod]

Just to point out that you should not believe everything you read in the papers.

Oct 16 Singapore Airlines Load Factors
Wellington - Canberra 62.0%
Canberra - Singapore 75.1%

Singapore - Canberra 90.8%
Canberra - Wellington 57.4%

Nov 16 Singapore Airlines Load Factors (just released)
Wellington - Canberra 63.4%
Canberra - Singapore 79.3%

Singapore - Canberra 85.4%
Canberra - Wellington 60.8%

Best Wishes
Paper Tiger

Given the prevalence of special fares available on this route, I am left to wonder about the yield.

[Nasi Goreng]

Singapore Airlines have deep pockets. I bet there's an accountant somewhere that can make it look worthwhile.

[stoploss]

Might have lost some juicy fare payers here ....

http://www.nzherald.co.nz/business/n...ectid=11798218

[Beagle]

Might have lost some juicy fare payers here ....

http://www.nzherald.co.nz/business/n...ectid=11798218

I can really see Government employees lapping up Jetstar's service standards

[stoploss]

I can really see Government employees lapping up Jetstar's service standards

They mightn't have a choice if AIR NZ don't hurry up and sign a deal .....

[Beagle]

They mightn't have a choice if AIR NZ don't hurry up and sign a deal .....

Gerry Brownlee will "love" their tiny 29 inch pitch seats Seriously, I wouldn't worry, its probably just window dressing for the lefties. Govt is the major shareholder in AIR and their Koru lounge facilitates are what government employees and business people expect.