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Thread: AIR - Air NZ.

  1. #14821
    Speedy Az winner69's Avatar
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    AIR featuring this plane in current marketing campaigns

    As somebody has pointed out its an unfortunate marketing to chose an aircraft that's literally spent most of the past two years parked up broken firstly due to the major engine failure and then earlier this year being hit by a catering truck.

    Still seems to be out of action

    Broken and not going that well...yes does sound like the All Blacks
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  2. #14822
    ShareTrader Legend Beagle's Avatar
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    Yeap - 1 nightmare liner still parked up according to my friend.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  3. #14823
    Speedy Az winner69's Avatar
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    A Singapore A350-900 flying into Wellington while the surfers look on will look pretty cool

    Makes WLG/MEL/SIN and onwards to Europe that much more attractive
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #14824
    Speedy Az winner69's Avatar
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    Reasonable start to year ... revenue wise anyway

    ASK up 4.2% but RASK down 1.3% so revenue up on last year

    https://stocknessmonster.com/announc...ir.nzx-339432/
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #14825
    ShareTrader Legend Beagle's Avatar
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    https://www.nzherald.co.nz/business/...ectid=12260673

    Comes across as a diligent type of chap in the conference calls but lacks any charisma so I am hoping this really is a temporary appointment.
    Last edited by Beagle; 21-08-2019 at 03:36 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #14826
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    Quote Originally Posted by Beagle View Post
    https://www.nzherald.co.nz/business/...ectid=12260673

    Comes across as a diligent type of chap in the conference calls but lacks any charisma so I am hoping this really is a temporary appointment.
    Says he's not seeking the role permanently..
    Wonder if they have had a late application from the now resigned CEO of Cathy Pacific??
    Although they are probably seeking a more inclusive and diverse type of role model... Seems to be all the rage now...

  7. #14827
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by Benny1 View Post
    Says he's not seeking the role permanently..
    Wonder if they have had a late application from the now resigned CEO of Cathy Pacific??
    Although they are probably seeking a more inclusive and diverse type of role model... Seems to be all the rage now...
    A prerequisite for senior management now seems to be having attended a vast range of cultural, ethnicity, language and gender sensitivity courses. Such fun !
    Last edited by Beagle; 21-08-2019 at 04:30 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  8. #14828
    Speedy Az winner69's Avatar
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    So $374m ...worst result for many years .....AIR going through an earnings recession

    But bullish as on next year ...earnings up 20% to $450m (but they could be less and AIRs early estimates usually a bit bullish)

    Whatever awesome result in the circumstances ....even though had to call in external consultants to fix things.p (I’m told that’s not always a good look)


    http://nzx-prod-s7fsd7f98s.s3-websit...567/305886.pdf
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #14829
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by winner69 View Post
    So $374m ...worst result for many years .....AIR going through an earnings recession

    But bullish as on next year ...earnings up 20% to $450m (but they could be less and AIRs early estimates usually a bit bullish)

    Whatever awesome result in the circumstances ....even though had to call in external consultants to fix things.p (I’m told that’s not always a good look)


    http://nzx-prod-s7fsd7f98s.s3-websit...567/305886.pdf
    i would say there earnings range of 360 - 450m implies a likely downgrade for next yr in profit if they usually start of optimistic and downgrade as the yr progresses


    auckland airport results are implying next to no growth next yr and a downgrade in profit.
    Last edited by bull....; 22-08-2019 at 07:51 AM.
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  10. #14830
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    Default First Glance

    http://nzx-prod-s7fsd7f98s.s3-websit...567/305887.pdf
    Revenue, average analyst expectation $5.76b, actual result $5.8b - meet expectations
    Operating Profit, average analyst expectation $365m actual result $374m - beat expectations
    Net Profit after tax , average analyst expectation $254m, actual result $270m - beat expectations
    FY20 outlook, average analyst expectation $420 operating profit, guidance $350m - $450m, mid point $400m - softer outlook
    Dividend maintained.

    Net effect is neutral and I maintain my holding for dividend yield and am not expecting any break out of the recent trading range.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

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