So he has to wait until the new year before he can start giving Alan Joyce hugs and cuddles or is there plenty of love to spread around and no need to wait ;)
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Airline index in the US is up 80% from the lows so AIR defying gravity is not a unique situation by any means. Millions of new punters on Robin Hood and other platforms (like our Sharsies) with nothing else to do seeing as horse racing isn't happening and casino's are closed. All predicated on assuming we'll get a Covid vaccine later this year or very early next and everything goes back to the way it was...what a wonderful fairy tale.
".what a wonderful fairy tale."
Volatility is back ...
well i hope it takes time... more trading ..our longs were set back in may and they werent the likes of AIR. Cruise lines up 45%. Air may simply never crash because no one is looking at the numbers just like sky city yesterday.
On a day when stocks raking in the money like FPH down 5.41% and ATM down 2.77%, good old AIR barely registering a pulse & after losing one of its most experienced & valuable senior executives, plummets from 1.35 to end the day at 1.34.
The mind boggles, throw all the text books & everything you've ever learnt out on this one.
Noted some commentators saying AIR board probably regretting not giving the top job to Cam now, as Greg for all his strengths has no experience in the airline business, just when its never been more needed.
I think there's a quite a lot of people thinking there will be a soft landing and Grant Robertson will be there with plenty of "fuel" and then everything is going to be hunky dory.
AIRplanes busy as today flying up and down the country ....probably charging like wounded bulls as well.
https://www.nzherald.co.nz/nz/news/a...ectid=12362281
The way they are talking about loan as is without interest!
You have to take everything Jonesy says with a pinch of salt . This is a guy that bashes the banks for closing branches , when one that he might have a bit of a say in ( Kiwibank ) is also closing branches ..... If it's a poor idea to close branches why wasn't he directing some of his PGF money to Kiwibank to establish more branches .....
Just trying to get some headlines to try and win his first electorate seat ........
yes i was about to post... beaten by the Man! Again!
https://www.stuff.co.nz/business/ind...ture-ownership
not even a barge pole is going to be good enough......shocked share holders will need government assistance as they are evacuated from the landing site ....Hugs from Jacinda.. kind words... donate teddy bears... saved old coins... any old australian coins you can donate ... anything really...
LOL Mate. Marcus Curly has usually impressed me on the calls I have listened into but lets get real here. A capital raise of $1.2 Billion (2:1 @ 50 cents underwritten by the Govt ?), is very unlikely to get them through to the other side of the Covid crisis. Just the first capital raise I reckon.
More trouble coming for AIR's so called "Dreamliners" https://www.cnbc.com/2020/09/07/faa-...j-reports.html
Winner reckons once a lemon, always a lemon and I think he's spot on ! Name change to "Nightmareliners" is long overdue.