CDC tells at risk people not to fly...among other things https://www.cnbc.com/2020/03/09/many...-cdc-says.html
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CDC tells at risk people not to fly...among other things https://www.cnbc.com/2020/03/09/many...-cdc-says.html
QAN grounding most of its fuel hungry and hard to fill A380's and senior executives taking a 30% pay cut.
Sorry you troughers at AIR but a simple extension to a pay freeze when you're already paid a King's ransom and the airline is facing this enormous challenge is looking really pathetic. Take a break from gorging yourselves at the trough for goodness sake.
My sense is the Kiwisaver funds relying on mind numbingly dumb recommendations from Forbar and Morningstar are in for a real belting.
This extremely tumultuous catastrophe has only just begun.
:lol: Beagles don't know how to bark at half volume :lol: https://www.nzherald.co.nz/business/...ectid=12315533
[QUOTE=Beagle;797368]QAN grounding most of its fuel hungry and hard to fill A380's and senior executives taking a 30% pay cut.
Sorry you troughers at AIR but a simple extension to a pay freeze when you're already paid a King's ransom and the airline is facing this enormous challenge is looking really pathetic. Take a break from gorging yourselves at the trough for goodness sake.
My sense is the Kiwisaver funds relying on mind numbingly dumb recommendations from Forbar and Morningstar are in for a real belting.
This extremely tumultuous catastrophe has only just begun.[/QUOTE]
:eek2: Geepers Mr Beagle the sun will still come up tomorrow for most of us :p
LOL I must learn to temper my enthusiasm for a good train "wreck" (don't want to use the word "crash" as that upsets out friend winner)
Good on you Beagle. Keep barking at full volume with reasoned logic. I like it. Sure is better information than the emotion driven media. If so called investors cannot understand ‘Act, don’t just react’ then ..? .Disclos. 80% cash since 20 Feb and looking fwd to some ‘investment’ opportunities that TA should reveal in time be it 1 mth, 3 mths or 6 mths.
Just found an email from Air New Zealand in my inbox, explaining what they are doing to keep the travelling public during these exciting times safe. They mentioned a couple of things (below) I think are pretty clever ... by providing flexibility and - more importantly - provide insurance cover (obviously only if you buy travel insurance through them, and if there is no negative travel advise) where others don't. This might well make the difference for customers to use the plane again and to prefer AIR to other carriers.
Attachment 11106
Great move - well done, team! I start to like the new CEO.
Oh dear the share price has gone under two bucks.
Taxpayers should be worried. Maybe Cullen Airlines will call in the Cullen Put which will have to be dealt with by Cabinet Ministers who struggle and so will have to rely on advice from the Ministry of Transport.
Boop boop de do
Marilyn