How low was your low-ball offer? I'm looking at a flight and the lowest I can offer is $350pp!
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Possibly all or more than what its worth for an upgrade for a quick one way trip back from Brisbane I would have thought.
It actually was worth it to me as it helped ensure I caught the domestic connection - I'd timed it a bit close and that quick exit out was quite useful.
For them it was worth it because I am quite likely to do that again now - at least some of the time.
I must say what a pleasure it was to fly with a very professional Air Chatham. They've stepped up to the mark servicing Whanganui and no doubt will be looking at further opportunities that AIR leave open.
Must say I am surprised by AIR's SP given all the issues they're having including the headwind of higher oil prices looming large for FY19.
Resilient that's for sure. Hope no more fan blades come off and do something even worse than spraying the aircraft with shrapnel. We wouldn't want any passengers sucked out of broken windows or something even worse. We can trust RR 100% that their inspections of cracked and corroded blades and the front and rear of those engines are free of any commercial bias that might otherwise add to their damages costs right ?
Hmmmm. These issues didn't even rate a mention by Chris Luxon at the Macquarie's Australian institutional investor day, quite obviously not relevant...or are they ?
Like winner69 said, investors shrugged it off last time and SP pretty solid recovery from recent dips suggests the same this time. The puny 4% of retail holders are not enough to sway the SP, assuming they acted at all to the news, when insto's who represent the balance of liquidity obviously aren't concerned! Recent MA supports and bounce (with golden cross) setup a short term trade still in play.
Flew to the Chatham Islands last year (on the Convair 580 I think) and couldn't believe the size (and comfort) of the seats compared to today's modern aircraft. Cabin crew were relaxed with a great sense of humour, made for a very memorable flight. Unfortunately, on the return trip, we got fogged in on the Chatham's and then missed the AirNZ connecting flight back to Rotorua. Pissed me off as the flight was still boardng and I had to wait for 6 hours for the next flight in which time my hapuka and blue cod fillets went off lol.
Disc. Holding
https://www.nzherald.co.nz/business/...ectid=12051041
Airlines getting more creative with what they refer too as business class with Emirates recently introducing business class seats that are just 18.5 inches wide which is less than what economy was about 7 years ago. Meanwhile Singapore airlines still has economy seats with a 19 inch width which makes Emirates new "business class" seats Claytons business class. Hopefully AIR learn a thing or two from Emirates mistake although with their recent trends with seating I wouldn't hold my breath.