Today formed an inverted hammer on the weekly chart, a reversal signal, the turn away from previous high was quite pronounced. Watching closely for weeks end. Check stops.
BAA
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Today formed an inverted hammer on the weekly chart, a reversal signal, the turn away from previous high was quite pronounced. Watching closely for weeks end. Check stops.
BAA
I don't see him on the board ....
https://www.airnewzealand.co.nz/air-...oard#selection
Maybe come back in spring black rose , then the company will be in full bloom with the assistance of the ex PM.
Yes it is. Tourism is such a fragile thing...
http://www.stuff.co.nz/business/9284...to-new-zealand
mate, everything is fragile when it come to business... take a example of Oil, predicted to hit USD$60/bbl most of the 2017 and look at now where it is heading towards. Oil spirals to 10-month low.trading below US$43/bbl.
http://www.marketwatch.com/story/cru...1?dist=markets
According to bank of Russia if three major countries doesn't stop the output growth then Oil will be hitting to US$25/bbl by mid-2018 but it doesn't mean its going to. Incase if that happen then what would be for AIR (another record profit in 18) but that's all prediction.
Can't predict the future.it can go either way :cool:
price of Brent under $45 dollars , air nz collar If I remember was $55 so they are looking pretty good.
https://www.bloomberg.com/news/artic...s-raise-supply
When it came to oil you could predict the outcome this time if you had contacts in the US shale oil industry... many surprised on how quickly they would come back into world supply. Actually the US government has a funding support line for that to occur. Part of foreign policy to keep the Russians and others in check?
If you study tourism you will see it naturally is entirely different risk at this time...
Obviously - this is an issue impacting on all airlines ... but I didn't realise that planes have difficulties to fly when it is too hot. It sounds like we managed already to reach the limit - lots of flights in Phoenix cancelled recently due to high temperatures:
https://www.nytimes.com/2017/06/20/b...te-change.html
For sure a long term issue, but maybe airlines better prepare ...