Great example of "corproate speak"
Quote:
“Going forward, the group will stay focused on strengthening our financial foundation by further optimising the balance sheet
Clear inference that they have already got some way towards optimizing their balance sheet. Optimizing such a creative word when the ugly truth is their debt equity level was last seen at 4.5 :1 and that's before the statutory loss this half ! Yes, Chris Luxon did us all a big favor !
Only here for the bad pun
Sichuan Airlines to fly Chengdu (think Pandas) to Auckland and back.
That should spice things up a bit :D.
Best Wishes
Paper Tiger
spice - get it ?
Air N.Z. more upbeat about its future, says competition may have peaked (high tide)