AIR - Air NZ.

[Timesurfer]

Air New Zealand is reducing flights on domestic routes and reviewing airfares as tourism slows and operating costs rise.

Link

When the execs are freezing their pay packets you know things are bad!

[Baa_Baa]

Let’s see if we have a rational market, this is one share that has a history of not defying gravity.

One has to love a cyclical, from riches to rags and back again, over and over and all the while the ones who don't do their TA ride the ups congratulating themselves and then the downs consoling themselves that the dividends are worth the capital motion sickness.

[winner69]

Could be a bit embarrassing for AIR if John boy forced out of ANZ for bad governance / oversight

But many directors are only it to feed from the bottomless trough ...is that the term

https://www.stuff.co.nz/business/113...esign-from-anz


Talking of politics wonder if any substance to that rumour Luxon being parachuted in as a National MP

[Blue Skies]

Talking of politics wonder if any substance to that rumour Luxon being parachuted in as a National MP[/QUOTE]

Luxon says he's not interested at present. However, some in National party must be desperately searching for another J.K.

[Beagle]

https://www.msn.com/en-nz/news/natio...cid=spartandhp
Shocking.

Big fall in oil prices in May. I reckon AIR about fair value at present and continue to hold a modest position.

22 cps fully imputed dividend (which I think they can maintain in the years ahead) gives a 12% gross return at $2.55 (rounded, actually 2.5463). I think those looking for this to go down to $2 or close to that are going to be disappointed again but predicting the future is like predicting the weather so as usual time will tell.

A lot depends upon how much more damage the loose cannon Trumpet does to international markets...he just never shuts up...so almost anything is possible I suppose.

[winner69]

Well done AIR ....recognised for its diversity and inclusivity in the global airline industry

Pretty telling photo of IATA members head honchos

https://www.nzherald.co.nz/business/...ectid=12236892

[winner69]

Share price inching ever closer to $2.20 for this cyclical stock heading to its worse earnings for five years

[Beagle]

Share price inching ever closer to $2.20 for this cyclical stock heading to its worse earnings for five years

Keep dreaming mate. $2.55 gives a sustainable 12% gross dividend yield. Oil has fallen massively in the last few weeks will give AIR the opportunity to lock in some forward contracts at more attractive pricing.

[winner69]

Dave topping up the housekeeping kitty

http://nzx-prod-s7fsd7f98s.s3-websit...526/301151.pdf

[BlackPeter]

Dave topping up the housekeeping kitty

http://nzx-prod-s7fsd7f98s.s3-websit...526/301151.pdf

Hmm - negative topup? He had after acquisition or disposal less shares than before. Maybe he just sold 70k shares.