And if it is correct that the government, thru their share holding in AIR have bought pressure on domestic fares...then I wonder what happens when they turn their attention to power prices ?
Could this happen ?
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Govt have come out this morning said they have nothing to do with this. Electricity review has already reached conclusions that doesn't support any fear of your latter suggestion.
I'm with Raz that this is mostly a marketing stunt. I will be looking for signs from Chris Luxon at the annual result that they are taking the relentless cost creep this company faces seriously and taking the appropriate actions. Very sad that a few years ago QAN and AIR share prices were the same and now QAN is more than double. They're doing some things that AIR clearly are not.
I suppose they would. I think we would be naive to think that they have not had some input. No matter what they say.
https://youtu.be/WuJQD-wTvUA
At least in part will be trying to fill otherwise empty seats I would have thought, so not necessarily losing money as such.
http://nzx-prod-s7fsd7f98s.s3-websit...125/295736.pdf
Looking at operating stat's for January and year to date load factors and RPK's you'd be forgiven for wondering why AIR cut their forecast so much :confused:
That yield looks pretty worrying. 0% growth in short haul RASK, while there was growth in load factor and with the announcement of the cheapest fares dropping.
Could be in for a wild ride.