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Thread: AIR NZ

  1. #101
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    quote:Originally posted by BRICKS

    quote:Originally posted by Animeart

    Rob the Knife strikes again. Seems like the job cut in HQ has nothing to do with cost cutting. The only thing we've notices were people replaced by contractors, who usually cost 2-3 times more, and more pepole being promoted to managerial roles. The CEO's direct report has now increased from 6 to 10, and these level 2 managers actually makes about 2-3 times more money than a level 3 General Manager, which translates to a least a million extra in wages alone annually, not including perks like travel, car and god knows what. I could cry if I were an Air NZ share holder.

    Another example of poor leadership higher up is this get out if we can't make money tactic Rob has adopted. I wonder if he has ever considered the possibility that Air NZ lost money on all Asian routes because of its weak marketing and sales team. It sounded a bit to me like someone's blaming their tools for not doing a good job, rather than their incompetence. Surely China is easy, and you're bound to make money, until the market if saturated that is. But that just goes to show how lazy the new managemnt structures are. Even a third rated airline can make money servicing China, but only a shrew operator like Emirate can make money even in the so called "blood bath" on the TransTasman. Why doesn't Air NZ just stop flying Trans Tasman, packed up and move to China or N America, where there's a huge market and cheap labour?

    [:o)]
    IF your a KIWI you are a long suffering shareholder its a GAME of supply and demand if you like BUY if you don't SELL what goes on inside a company hell knows its the end product that counts and of co**** THE DIV.. [8D]
    Been on that Vodka Comdre Bricks? [8D] Certainly reads that way.

    Of course it is a concern if what Animeart says is correct. If there is the growth in upper level management, and say $1 million in extra wages/benefit, then they have to earn another million dollars in gross profit, or cut a million in costs to justify their postions. Otherwise your divvies are going to get smaller....

    BTW, if you are a resident of NZ, then by default you are a shareholder of this sad little airline. About 75-80% owned by the government, who represent the people of NZ.

  2. #102
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    BOB your remarks again are KIDS stuff,, BOB vodka sells here for $NZ5 and good stuff not like the NZ stuff they try to SELL @ $NZ40 and fail BAD,,BOB don't stuff your day to MUCH.. Regards.. [8D]

  3. #103
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    Bricks, now you are starting to confuse Air NZ with 42 Below....

    Think you should keep posting in Russian - might have a better chance of string a sentence together and making some semblance of sense! [8D]

  4. #104
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    quote:Originally posted by Sideshow Bob

    Bricks, I made no comments about the price of vodka. You are confusing Air NZ with 42 Below....

    Think you should keep posting in Russian - might have a better chance of string a sentence together and making some semblance of sense! [8D]
    BOB just helping you out as you need it and you have NO holdings in
    both companies,, BOB come and join us FEW..[8D]

  5. #105
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    Would think that the scrapping of the overlander would be a little fillip for AIR.
    Fantasy Premier League 2006/07, 2007/08, and 2008/09 Champion :-)

    "The surest sign that intelligent life exists elsewhere in the universe is that none of it has tried to contact us." - C&H

  6. #106
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    Well the Govt won't subsidise the overlander for the $1.75m Toll asked for, but did with AIR to the extent of hundreds of millions & then interfered with the aviation industry.
    First, to not allow Qantas/Air NZ clearance, & then had the nerve to shoot down Infratil wanting to utilise Whenuapai, with the planes there sitting gathering dust, & still Auckland's traffic congestion problems worsen, despite Whenuapai being far closer to Aucklands growing population than the existing Airport at Mangere.

    Gryffyn, Air NZ should benefit as the Govt has shown its prepared to use its power to protect its interests in AIR.

  7. #107
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    indeed - pity the sp doesn't reflect it.
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  8. #108
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    quote:Originally posted by Gryffyn

    Would think that the scrapping of the overlander would be a little fillip for AIR.
    IF it the LACK [NIL] of customers on the train that has caused the scrapping where are the customers cumming from to fly AIR.. [8D]

  9. #109
    CEO Butch Analytics Ltd winner69's Avatar
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    Most of the (few) passengers seemed to go only as far as National Park .... maybe AIR needs to get a Airbus to fly to National Park International Airport
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  10. #110
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    quote:Originally posted by winner69

    Most of the (few) passengers seemed to go only as far as National Park .... maybe AIR needs to get a Airbus to fly to National Park International Airport

    DO TELL.. [8D]

  11. #111
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    AIR NZ is stunned by the revised valuations of AIA. Surely they must be complete dummies to think that it matters one little bit. All the airlines have to pay the same, the cost is passed on to the passenger. I wonder how low the sp goes before the GOVT bails them out again. That is the only thing that i find interesting.
    macdunk

  12. #112
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    What the share price is at is irrelevant to whether or not the govt will need to bail them out. If someone has a healthy balance sheet they are not gonna need to be bailed out no matter how low the share price is. AIR at this stage has a very healthy balance sheet (around 50% leveraged of the top of my head) and are making profits so have no fundamental financial issues whatsoever. If things do get a bit tougher (not that I think they will) they can always suspend dividend payments.

  13. #113
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    quote:Originally posted by duncan macgregor

    AIR NZ is stunned by the revised valuations of AIA. Surely they must be complete dummies to think that it matters one little bit. All the airlines have to pay the same, the cost is passed on to the passenger. I wonder how low the sp goes before the GOVT bails them out again. That is the only thing that i find interesting.
    macdunk
    true about cost passing Dunc, but they can be worried that higher prices have a negative effect on the whole market which hurts them and their comps.
    Fantasy Premier League 2006/07, 2007/08, and 2008/09 Champion :-)

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  14. #114
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    quote:Originally posted by Gryffyn

    quote:Originally posted by duncan macgregor

    AIR NZ is stunned by the revised valuations of AIA. Surely they must be complete dummies to think that it matters one little bit. All the airlines have to pay the same, the cost is passed on to the passenger. I wonder how low the sp goes before the GOVT bails them out again. That is the only thing that i find interesting.
    macdunk
    true about cost passing Dunc, but they can be worried that higher prices have a negative effect on the whole market which hurts them and their comps.
    TWO GURU`s talking too themselves.. [8D]

  15. #115
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    to
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  16. #116
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    quote:Originally posted by Gryffyn

    to
    THE famous one word GURU.. [8D]

  17. #117
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    [quote]quote:Originally posted by BRICKS

    Originally posted by Gryffyn

    to
    THE famous one word GURU.. [8D]
    [/quote
    BRICKS my old mate you are starting to remind me of a pig dog that i once had. It attacked the other dogs when they were on to a pig so i shot the bloody thing before i shot the pig. Dont attack the wrong thing, remember we are all in this game for the same reason hopefully.
    macdunk

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    [quote]quote:Originally posted by duncan macgregor

    quote:Originally posted by BRICKS

    Originally posted by Gryffyn

    to
    THE famous one word GURU.. [8D]
    [/quote
    BRICKS my old mate you are starting to remind me of a pig dog that i once had. It attacked the other dogs when they were on to a pig so i shot the bloody thing before i shot the pig. Dont attack the wrong thing, remember we are all in this game for the same reason hopefully.
    macdunk
    STUPID your told the same STORY many times before and would never be your old MATE.. [8D]

  19. #119
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    [quote]quote:Originally posted by BRICKS

    quote:Originally posted by duncan macgregor

    quote:Originally posted by BRICKS

    Originally posted by Gryffyn

    to
    THE famous one word GURU.. [8D]
    [/quote
    BRICKS my old mate you are starting to remind me of a pig dog that i once had. It attacked the other dogs when they were on to a pig so i shot the bloody thing before i shot the pig. Dont attack the wrong thing, remember we are all in this game for the same reason hopefully.
    macdunk
    STUPID your told the same STORY many times before and would never be your old MATE.. [8D]
    Sorry BRICKS i keep forgetting you are under a new name since they kicked you off the last time. I did say you were as thick as a brick but never thought you would reincarnate yourself into one.
    Your old pal macdunk.

  20. #120
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    [quote]quote:Originally posted by duncan macgregor

    quote:Originally posted by BRICKS

    quote:Originally posted by duncan macgregor

    quote:Originally posted by BRICKS

    Originally posted by Gryffyn

    to
    THE famous one word GURU.. [8D]
    [/quote
    BRICKS my old mate you are starting to remind me of a pig dog that i once had. It attacked the other dogs when they were on to a pig so i shot the bloody thing before i shot the pig. Dont attack the wrong thing, remember we are all in this game for the same reason hopefully.
    macdunk
    STUPID your told the same STORY many times before and would never be your old MATE.. [8D]
    Sorry BRICKS i keep forgetting you are under a new name since they kicked you off the last time. I did say you were as thick as a brick but never thought you would reincarnate yourself into one.
    Your old pal macdunk.
    YET another talking GURU.. [8D]

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