AIR - Air NZ.

[nztx]

Wouldn't expect this year. They still have $1.74 billion of interest-bearing liabilities.

I would say their major shareholder will want some of their money back they lent them through Covid.....I think they need it back.

However they might throw shareholders a bone......$0.01 divvy costs them $33.6m.

be a pretty small sort of bone by the time it gets fractionalised

How about a consolidation up first instead ?

[Sideshow Bob]

be a pretty small sort of bone by the time it gets fractionalised

How about a consolidation up first instead ?

Nah nah nah, then you would get Sharesies punters complaining the Govt is stealing their shares!!

Enough hate out there for AIR currently without that!!

[nztx]

https://www.nzherald.co.nz/business/...BEA3BUZVEKLN4/

Airline anger: Bad batch of aviation fuel hits flights through Wellington



More Bad Oil - is the defacto President of Robertson Air still asleep or hiding under his desk ?

[Rawz]

AIR nz probably not a bad 5 year investment right now. Just need to not look until year 5 maybe

[BlackPeter]

AIR nz probably not a bad 5 year investment right now. Just need to not look until year 5 maybe

probably, maybe? You sound like a convinced supporter ...

[Rawz]

probably, maybe? You sound like a convinced supporter ...

sorry that post was more thinking out loud

ill show myself out

[BlackPeter]

sorry that post was more thinking out loud

ill show myself out

No problem ... I guess you hit the right tune ;

It might be a good investment - or it might not be - I agree with that.

The problem I see is that most of the success criteria are not under AIR's control ...
- how will international tourism develop, and how will NZ be effected?
- how hard will NZ work on detracting international visitors (visitor taxes and tourist bashing)?
- how will fuel prices develop?
- how will people in Europe, US and Asia modify their urge to holiday so far away (flight shaming)?

Obviously - some parameters do have AIR under control:
- they are currently selling a substandard product (compared to best in class competition) for premium prices.
- while they offer code shared flights with better carriers (e.g. Singapore Airlines),
they charge a higher price for them (happened to me - guess, which carrier I took).
- they retired too many planes and seem to have even problems to maintain the little they have left -
flight cancellations and similar are the result.
- many clients still feel agrieved about the substandard treatment they gave them during the Covid time
(fight for refunds)

So, yes - you are right - it might be a good investment, but I think the old saying still goes: don't invest in anything which floats or flies ... particularly if its so much worse than the competition ;

I probably will resist.

[Onemootpoint]

Hello China: Air NZ restarts daily flights to Shanghai, Air China restarts Beijing route


https://www.interest.co.nz/business/...-beijing-route

[stoploss]

How far away do you smart people think we are away from a Dividend?
Late this year? sometime next?

Probably not much room with this amount of spending planned.
https://www.stuff.co.nz/business/131...ofitting-fleet

[Daytr]

I had a small position which I only held for a few weeks. I rethought my position a little while ago & quit it for a small loss due to the amount of money being sucked out of the economy due to higher interest rates & not just here but globally. A mortgage broker I spoke to recently said that less than half his mortgage book had rolled onto the higher rate regime. I think discretionary spending on things like flights will be reigned in.