Surely not .. ;)
Last ones off lash down the Wings to the deck incase things slide sideways badly .. ;)
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Excellent point.
Hearing self-described wealthy people whinge over the price of a nice meal or two is my least favourite form of post. Expecting a loss making company that has had to cut benefits, wages and 30-50% of staff to fund the unsustainable climate destroying lifestyle one has become accustomed to reflects really poorly on the poster.
Lots of people in travel and tourism are doing it very tough this year. Bit of perspective goes a long way in life.
Some good news not mentioned here:
- NZers can now fly to Queensland quarantine free. A very popular route.
- Cook Islands travel bubble has also been promised to start next quarter.
https://www.rnz.co.nz/news/national/...-travel-bubble
A few countries moving towards a 7 (Singapore) or 10 day (Malaysia) hotel quarantine period followed by in some cases more days at home with a wristband. Lots of research now suggesting infected people are most infectious in the first few days after infection. As infamously demonstrated by Donald Trump.
NZ has a lot to lose and thus is understandably risk adverse to changing what has worked so well but some risk adjusted changes could work. Flights to NZ are long so that builds in a bit of insurance.
A 10 day managed isolation period for people coming from low risk countries like Taiwan and Australia would help NZ free up quarantine space, increase international arrivals and gradually open borders.
Alternatively a 7 managed isolation quarantine period with a 7 day home quarantine period for people from low risk countries could also work. Make it optional and staying home with the wristband on compulsory on threat of prison time.
I hope you’re doing your bit Jaa. We have been tripping around the South Island supporting tourism businesses and on the west coast it is amazingly quiet. One restaurant owner who had 3 restaurants and 95 staff now is only operating one evenings only and has laid off 80 staff.
My issue is with a terrible attitude to a long term customer from AIR. Won’t be supporting them anymore but will continue supporting small tourism businesses.
the travel bubble is at risk... yes stating the obvious but new medical publications in NZ are warning the testing needs to tighten up.. AUS has not got this under control and now our medical professionals are issuing new warnings. Just saying the stock has not yet got out of the woods but the rehiring of A320 staff is a good sign. Fingers crossed!
Naughty naughty................ nearly 5 hours of information asymmetry.
Naughty AIR, naughty ;)
https://www.rnz.co.nz/news/business/...sclosure-rules
Im sure someone could write a book here on the govt response to AIR. We certainly expected more of a response to the problem from the RBNZ in relation to the local bond market for listed companies. Some may argue this was not required in the end but we look to the FED in that they were ready to move to the market IF required and certainly perhaps this should have been considered for AIR by the RBNZ. Some may say its a slippery slope but ever since GFC its been a slope off a high mountain.
just to be clear waltzing, because its not always your strong point, are you saying that the Reserve Bank of New Zealand should purchase AIR bonds?
Specifically AIR020 as its the only one listed on the NZDX
A wider response than was adopted by the RBNZ may be required next time. Letting civilisation slip when a standard such as gold no longer back stops a society may be something NZ INC might considers in the wider scope of monetary policy to support society. Which may also be a case why other categories of monetary exchange may turn out to be dead end roads to no where.
Now this may seem cryptic but its is designed to be a speculative summary. And there in is crux of the matter. There are much bigger threats out there than a virus to civilisation such as it is.
The big argument now around the world in central banks and politics which was published in NZ before the election was the next steps that society should take to protect its progress so far.
One needs to look no farther than the much maligned but ground breaking series by Clark, Civilisation. In it Clark clearly sets out the progress and its threats from man but leaves out the other threats. Excuse this is not the forum for such musings but AIR could just be the tip of the ice berg next time.
Does Air NZ fly the 737 Max? I would hesitate to do so in view of the following:
https://asiatimes.com/2020/12/new-co...cation-senate/