AIR - Air NZ.

[peat]

Sorry, you're quite right, had overlooked that option.
Not sure i'ld want to take that long rough Southern Ocean crossing on myself now, would need to be pretty determined. From Ushuaia in S America its much closer & more accessible for us older types or of course the flights from Australia & S.America. There certainly is a significant market for it & I believe it is an extraordinary experience, incredibly beautiful, nothing like it anywhere else in the world.

Obviously the reason I know about it is that I dream of doing it or something similar - as stated I think the subantarctic islands would be awesome even just to see , let alone land on. And for me personally the sea journey would be one of the best bits and I'd secretly hope for a bit of a rough patch lol

BUT this is off topic (shock horror who cares)

What I would be interested in comment on is how could possibly Shareclarity arrive at their DCF valuation of $1.95 because I dont really believe that Sharesies is the cause of this supposedly stratospheric share price.

[Filthy]

https://www.stuff.co.nz/travel/desti...qantas-history

looks like the ozzies got in first!

[Filthy]

https://www.stuff.co.nz/travel/desti...qantas-history

looks like the ozzies got in first!

https://www3.nhk.or.jp/nhkworld/en/news/20200914_13/

[Crypto Crude]

A $800 a seat Qantas flight to nowhere sold out in 10minutes today...
Incredibly smart or incredibly stupid? Lol

[winner69]

A $800 a seat Qantas flight to nowhere sold out in 10minutes today...
Incredibly smart or incredibly stupid? Lol

Some people just have to fly ...anywhere

Cheaper than AKL to Hokitika return

[Waltzing]

Yes i wonder what MR B thinks about this ?

https://www.stuff.co.nz/business/opi...e-its-problems

[Jaa]

Yes i wonder what MR B thinks about this ?

https://www.stuff.co.nz/business/opi...e-its-problems

I like MOD but its obvious he knows nothing about operating an airline. Normal whinging about prices and service you often read from wealthy, entitled people. Nor is his talk of the loan package accurate or responsible. There has been no official announcement from Air NZ or the government that they have started to draw down on it yet alone are sucking $70m for it.

There is nothing wrong with Air NZ's capital or operating model, its flexible and been proven to work for all parties. Its efficiently run and the government can increase its stake in bad times and can sell down in good times. Shareholders earned very good dividends for close to two decades. The airline can survive as a mostly cargo and domestic operation until better times return so even the capital is worth a bit as evidenced by the current share price.

Sheesh MOD didn't even get the CEO's name right.

[Waltzing]

Anyone got a detailed model of AIR as a going concern at the moment. I dont have one and therefore wont be even be thinking of trading a black hole.

It wonderful to write a warm and fuzzy summary but based on what detailed data please.


The current share price tells us nothing because i doubt any of the current investor buying and selling daily have a detailed model.

I wont comment on the article because i do not have access to a detailed model.

Black hole just got bigger ...

https://www.nzherald.co.nz/nz/news/a...ectid=12366432

[dobby41]

A $800 a seat Qantas flight to nowhere sold out in 10minutes today...
Incredibly smart or incredibly stupid? Lol

7 hrs of fuel burn for no gain.
Bring on more global warming.

[blackcap]

Anyone got a detailed model of AIR as a going concern at the moment. I dont have one and therefore wont be even be thinking of trading a black hole.

It wonderful to write a warm and fuzzy summary but based on what detailed data please.


The current share price tells us nothing because i doubt any of the current investor buying and selling daily have a detailed model.

I wont comment on the article because i do not have access to a detailed model.

Black hole just got bigger ...

https://www.nzherald.co.nz/nz/news/a...ectid=12366432

AIR will always be a going concern because pretty much the GOVT will give it enough of our money to survive ad infinitum. So no need for auditors to even go there.