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Thread: AIR NZ

  1. #41
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    More on the "dangers" of flying :


    Humming sex toy shuts airport
    05 October 2004

    SYDNEY: A sex toy vibrating in a rubbish bin has sparked a security scare and shut a regional Australian airport for almost an hour.


    An emergency was declared at the airport in Mackay, 805km north of Brisbane in tropical Queensland state, after airport staff heard a strange noise coming from the bin, Australian Broadcasting Corporation radio said.

    "It was rather disconcerting when the rubbish bin started humming furiously," cafeteria manager Lynne Bryant said.

    Police evacuated the terminal and were about to call in bomb experts when an unidentified passenger came forward to identify the contents of a package left in the bin.

    A police spokeswoman said the package was identified as an "adult novelty device".

    Australia has been under heightened security alert since the September 11, 2001, hijacked airliner attacks on the United States and security at major buildings and transport hubs has been tightened even further ahead of an October 9 election.
    Marriage isn't a word. It's a sentence

  2. #42
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    Over 41 million traded today. Wow......
    I\'d rather have a bottle in front of me than a frontal lobotomy.

  3. #43
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    vibrators?
    Marriage isn't a word. It's a sentence

  4. #44
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    Citygroup has a buy on Air NZ, link to report by Australian Investment Review, target price NZ$2.20
    ...... http://www.aireview.com/index.php?ac...catid=8&id=673


  5. #45
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    The Boeing 747sp was very successful in its time, there were no other jets that competed for long haul non stop routes until the advent of the more fuel efficient Rolls-Royce engines that powered Air-NewZealands B747-200's that replaced the DC10's. Then a further death knell when the B747-400 long range with the fuel tank in the horizontal stabilizer was purchased as AirNZ did also. Unfortunately Quantas held on to their old model B747's including the Sp's far too long. Being left with white elephants, many were cut up & sent to the desert. Air NZ/NAC has always picked the correct A/c at the right time, even in the early years when govt pressure to buy pommie crap (in hindsight), Doug Paterson,the then CEO of NAC stood his ground against Heralds & BAC111's.

    The Airbus A320 when first went into service with Ansett Aus. & Air Canada & for a number of years was nicknamed the Late bus and scare bus by engineers who dreaded the problems they created, being teething problems of new technology. That was nearly 13 years ago. AirNZ's A320's have all the early teething problems well sorted out and are a leap ahead of the previously successful B737 series that they are replacing.

    A friend of mine, a Kiwi who is a manager at Boeing, told me, after I had jibed him 18months ago that AirNZ was going the Airbus way and that many others were also, what were they going to do to counteract it? He said they were already well on the way and pinning their hopes on the new B7E7.
    I guess picking that A/C, and being an initial Airline will give AirNZ the oportunity to spec it for their route requirements, rather than trying to best match an A/C that was for others.
    It will also give more expertise and oportunities for ANZES, the engineering division in advanced composites etc. The flow on effect will also be great for our yacht/boat building burgeoning industry. I think Boeing are about to get the jump on Airbus on this one, as AB are concentrating on their A380 which will replace the reign of the Jumbo being at the top!
    The saying on T shirts/bags etc in the states
    "If it aint Boeing I'm not Goin"
    Your candle loses nothing when it lights another." (John Maxwell)
    Risk comes from not knowing what you are doing - The Tao of Warren Buffett

  6. #46
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    Cave. Cave. Caveat emptor.
    Read the appendix at the back of Buffettology. Airlines are listed as a commodity stock i.e. low or no barriers to entry, undifferentiated product, heavy price competition. Buffett avoids them like the plague.
    How many airlines have you seen hit the wall in the US and around the world?
    Air NZ will be ruthlessly crunched by Qantas and low cost operators just as RyanAir etc etc have deflated British Air.
    I received some stuff from J B Were advocating buying Air NZ about a month ago. I laughed. I'm laughing harder than ever - co-operation with Qantas out the window, cash issue coming up, gloves off with Singapore Airlines, competitors girding up.....
    I think I might frame the J B Were letter and hang it on the wall for reference at dinner parties for a good joke....

  7. #47
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    Placebo Posted - 06/10/2004 : 3:06:10 PM
    --------------------------------------------------------------------------------
    vibrators?

    Yeah I put the axe through several thousand of 'em in a former life - strange but true. The electric motors make great little toys though.


    Major von Tempsky Posted - 06/10/2004 : 6:30:52 PM
    --------------------------------------------------------------------------------
    Cave. Cave. Caveat emptor

    Cave canum (Beware of the DOG) [}][:o)]MVT


  8. #48
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    quote:Originally posted by Major von Tempsky

    I received some stuff from J B Were advocating buying Air NZ about a month ago. I laughed. I'm laughing harder than ever - co-operation with Qantas out the window, cash issue coming up, gloves off with Singapore Airlines, competitors girding up.....
    I think I might frame the J B Were letter and hang it on the wall for reference at dinner parties for a good joke....
    Anything that comes out of the JB Were house of recommendations is a laugh. Just do the opposite of their recommendations and you will make money. Here is a few reasons why I am not buying AIR.

    1. Rights Issue
    2. Oil prices continue to go up.
    3. Air tickets price are the same as 10 years ago if not cheaper.
    4. Expect more competition
    5. Further carbon tax from Kyoto
    This stock shines so bright that it \"Bling Blings\"

  9. #49
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    THE KING says now we know the price air sing took for their holding $1.63 and the market has matched it now $1.62,,So what is the price then after the $200 million rights deal where the Gov will cough up $144 million leave share holders to find $56 mil.. if you say it fast it not so big as AIR is suppose to be back in the black there has to be a rock bottom some where.. [^][^]

    Good flight on QANTAS yesterday.

  10. #50
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    I'm flying Air NZ tomorrow. Think that I will do a bit of a 'mystery shopper' test on them.

    What do you guys consider to be the important criteria that should be observed?

    Disc:no shares, but have a few friends & rellies who work for Air NZ...
    Death will be reality, Life is just an illusion.

  11. #51
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    quote:What do you guys consider to be the important criteria that should be observed?
    Quality of the hostie's thigh?

    Had a flight back from Nelson on Sunday, we had a planeload of happily hungover sporting types, the hostie was a champion though, a great sport. Big ups to her.

    Waiting for the day when they can get you on and off the plane with no human contact whatsoever.
    Marriage isn't a word. It's a sentence

  12. #52
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    extrmemly stubborn old man of mine thinks it will rise from ashes. I tried to talk him out of subsucribing to the rights but he seems determined. I think its throwing good money after bad. thoughs any long suffering holders?

  13. #53
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    THE KING says the feeling THE KING gets is the average KIWI dose not CARE.. [^]

  14. #54
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    Anyone have research report of the valuation on AIRNZ from a broker? Would be interested to find out what the broker recommendations and valuation is.

    This stock shines so bright that it \"Bling Blings\"

  15. #55
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    quote:Originally posted by Benlamnz

    extrmemly stubborn old man of mine thinks it will rise from ashes. I tried to talk him out of subsucribing to the rights but he seems determined. I think its throwing good money after bad. thoughs any long suffering holders?
    Haven't held AIR for a long time (last sold out in 95), and I have no intention of buying back in, but i would have to say if anyone could turn it around, then Ralph Norris strikes me as the guy who can.
    Disc: JWI, VCT, VCT010

    Stainless Steel Rat - slipping between the cracks.

  16. #56
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    quote:Originally posted by Placebo

    Here's another cloud on the horizon. AIR are one of only 2 confirmed buyers for the new Boeing 7E7. Airbus has now announced it will produce a rival 250-seat twin-aisle widebody based on its existing A330. Boeing is doing its best to shoot it down. The question is, will AIR be left with a dud on its hands?
    I have a number of friends who are Air NZ pilots and they tell some horrific stories about "Scarebuses". Save to say that Boeing has always built aircraft that are designed by pilots, from a pilot's perspective. Airbus has built aircraft that are designed by engineers, from an engineer's perspective.

    As a simple example, to release the autopilot in a Boeing 747, the pilot hits a "kill" switch on the control yolk. To do the same thing in an Airbus 320 requires three separate hand movements with both hands.

    Personally, i wouldn't be too worried about the new Boeing aircraft.
    Disc: JWI, VCT, VCT010

    Stainless Steel Rat - slipping between the cracks.

  17. #57
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    Air NZ is very competitive from the UK
    They have the cheapest flights to NZ

    Currently have a deal for 1900 pounds rtn Business
    or 599 economy

    which is 5000 and 1700 NZD

    “If you're worried about falling off the bike, you’d never get on.”

  18. #58
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    quote:Originally posted by Major von Tempsky

    Cave. Cave. Caveat emptor.
    Read the appendix at the back of Buffettology. Airlines are listed as a commodity stock i.e. low or no barriers to entry, undifferentiated product, heavy price competition. Buffett avoids them like the plague.
    How many airlines have you seen hit the wall in the US and around the world?
    Air NZ will be ruthlessly crunched by Qantas and low cost operators just as RyanAir etc etc have deflated British Air.
    I received some stuff from J B Were advocating buying Air NZ about a month ago. I laughed. I'm laughing harder than ever - co-operation with Qantas out the window, cash issue coming up, gloves off with Singapore Airlines, competitors girding up.....
    I think I might frame the J B Were letter and hang it on the wall for reference at dinner parties for a good joke....
    I am not so sure about "low or no barrier" to entry. New airlines have great difficulty in picking up a landing slots especially in Japan. There are no domestic discount fliers in Japan as they can't get landing slots and the govt. is protecting the current operators. Not suprisingly flying domestically is pretty expensive.
    \"The overweening conceit which the greater part of men have of their own abilities [and] their absurd presumption in their own good fortune.\" - <b>Adam Smith</b> - <i>The Wealth of Nations</i>

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    Does anyone know about AIR's cargo business?

  20. #60
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    quote:Originally posted by donner

    Does anyone know about AIR's cargo business?
    NO, we usually travel in the passenger cabin


    om mani peme hum

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