qantas heading to $2 billion loss this year
Don't think AIR that bad ...but ....
https://www.smh.com.au/business/comp...20-p57tgs.html
Printable View
qantas heading to $2 billion loss this year
Don't think AIR that bad ...but ....
https://www.smh.com.au/business/comp...20-p57tgs.html
Your old mate getting on her soap box telling the Govt to open up the border too https://flipboard.com/article/virgin...040aae%2Fco.uk
I'm already "over" hearing commercial aviation company CEO's with no medical expertise telling the Govt what to do with the border opening.
Thankfully Cindy doesn't like being told what to do so we're probably safe here for a while yet...
As for AIR, I see Forbar out with a note predicting we won't get back to pre-pandemic level's of travel until 2026 :eek2:
I don't mix philanthropic activities with investing so its going to be quite a while before my name will be back on the AIR share register...
I don't mix philanthropic activities with investing so its going to be quite a while before my name will be back on the AIR share register...[/QUOTE]
Quote of the week!
Air NZ still has the best reputation of any NZ business. Incredible effort considering the stresses of the last year and a bit
Puts into perspective the bleating too often heard here doesn't it?
https://i.stuff.co.nz/business/indus...est-reputation
I don't understand the logic by the NZ government to subsidise flights by overseas airlines through the MoT via the IAFC scheme, while undercutting themselves as a majority owner in Air NZ?
It was announced today that a fortnightly Korean Airline flight would be financially supported with a flight to Seoul, meanwhile Air New Zealand will run its own flights Auckland to Seoul. Also in the announcement was China Airlines twice per week into Taipei with connectivity into Shanghai, meanwhile Air New Zealand operates flights into both Taipei and Shanghai. Also Tasman Air getting support into Sydney while Air NZ has their own sector.
Some of these overseas carriers also get assistance from their own governments/owners meaning they come into the NZ market and undercut our own national carrier with cheaper rates. The government is effectively funding their competitors and ruining their own business. Strange.
Porkandpuha your argument is makes a lot of sense. What I suspect is in play behind the scene is New Zealand govt choosing to stick rigidly to World Trade Organisation principals whereby we don't subsidise domestic firms. I know other countries breach these principals regularly but many branches of NZ govt choose to be very pristine about WTO stuff so that we can push the free trade barrow in market access negotiations. I am not saying that it is right but I have seen that same argument made in other WTO type situations by govt agencies.
The climate commission wants electric planes on regional routes in NZ by 2030.
That’ll be a great deal for AIR ...and large capex no doubt.
And then they fell out of bed and woke up.
Electric planes by 2030?
Just proves this Climate Change Commision lot are living in cloud Cuckoo land...
For these aircraft to be ready and certified for passenger service by then the prototypes should have already been produced and in a flight testing program...
Where are they?
Who's producing them?
Fanciful stuff without any facts to back up these so called goals..
This is the trouble with modern NZ, so much negativity, giving up first and not even trying.
Where is the old No8 wire can do attitude?
A couple of weeks work in the in the shed with an old washing machine motor, the UTE battery and a busted hang-glider and we'll be flying Auckland to Invercargill ....
.... and back!
Let's give it our best shot.
They are already here
By 2030 so many kiwis embarrassed to fly AirNZ just need small planes?
https://www.electricair.nz/
https://www.nzherald.co.nz/travel/as...4BIMXM42FDOSQ/
Ok they can make bigger ones
https://www.soundsair.com/2020/10/So...ssion-Flights/
There was something written re collaboration with a US of A Co a few years ago but I can't find the reference
someone (DIC SNOOP) needs to come on and estimate the demand on the grid of hundreds of thousands of flying electric cars at peak times of the day...
is there enough generation capacity to handle the load.
Or are they solar powered?
or has every house and garage with an electric plane i mean car in it using solar panels?
and can these flying planes cars fit in your standard car port and garage,
and since some auckland streets cant handle car parked how on earth is the average person supposed to park their plane , i mean car in the street.
i just dont see the jetsons coming to a town or city anytime soon or in the future.
i dont think AIR is going to worry about this kind of competition for few more 10 of decades.
Some streets and town planning in Zealandia have been laid down for a century or more as some of the houses..
It just doesnt look like it will fly..
well the family version wont fit in the garage easily but this might...
https://www.jetsonaero.com/
not a winter flyer or rainy day and no where to put the shopping bags..
still cant see it beating a bike with a basket in europe.