Yeap 10% price increases across the board, flying is too cheap, people need to man up and pay a proper price...no bias or vested interest here :D
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Brent crude passes $60 per gallon and the weakness of the NZD/USD also affects the price of oil is probably why the share price has come back a touch. I guess this is where the theory comes in of having more efficient planes actually comes into play.
The thought is more efficient planes will price AIR NZ better, relative to its competitors because the age of the fleet will cause older carriers to be less price competitive. Lets see how this plays out..
Just sold my last block of AIR I bought on 13/10/16 for $1.715c. Made $1.585c profit. A good company and will get back into it next year. In the mean time back to a2:).
Do you think the tide has turned on AIR see weed? Looking at the chart, is this what TA'ers refer to as a head and shoulders pattern forming?
Mainly about how evil airlines are by not addressing the huge carbon footprint they create. Agree there, the industry does shirk it's responsibilities. A lot of self-efficacy from our man Luxon in the article - suppose he has to try to convince punters AIR is a good citizen - yeah right
Loved this bit in the section 'How to take a planet friendly approach to travel':
Get downgraded. Don't fly in first class or business class because those passengers take up more space on the plane and as such their carbon footprint is much higher than those flying economy.
So come on Raz et al - do you thing and help save the planet.
only 6% of the worls population take a flight in any given year
I am into A2 and hold a few shares, but would not put anymore in until the next announcement as to how they are doing. I am happy with my holding there, but would be happier holding Air if purchased at those levels you mentioned rather than investing more into A2