Roger how much of their aviation gas requirements do they hedge the price on and how far forward ?
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Air New Zealand holders may be interested in this.
https://www.anzsecurities.co.nz/Dire...spx?id=3763420
Cheers, RTM
Excuse me for barging in on Roger.
Cullen Airlines fuel hedging is disclosed on their web site;
http://www.airnewzealand.co.nz/fuel-...-announcements
Boop boop de do
Marilyn
Air NZ crew's boozy AB flight investigated
http://www.stuff.co.nz/travel/news/63683197/Air-NZ-crews-boozy-AB-flight-investigated
Lucky this time is not "drink and drive", but who knows next time will not be.
They say that alcohol is the root of all evil don't they master
Ban it on planes I say ...at least it would stop all this drinking and rooting by their staff, and some high flying celebs.
What happened to the Dreamliner that got hit by lightning ....out of action is it?
Seems like it arrived back in NZ and is being checked out by Air NZ engineering staff.
http://www.nzherald.co.nz/nz/news/ar...ectid=11366816
It's unclear from the article when it will be back flying again.
It's already back flying:
http://www.nzherald.co.nz/business/n...ectid=11367043
Oil rout continues at pace
http://www.cnbc.com/id/102225843
Qantas up another 5% last time I checked a few minutes ago. Those old kangaroo planes must be pretty thirsty or AIR SP reaction a bit under-done or some combination thereof.
Welcome to the forum unhuman and thanks for the status update on the affected plane. Good first post :)
Interesting and informative article about the 787 and how they are performing in actual airline service, three years after delivery. Generally airlines seem to be happy with them, apart from the early glitches. Depending what measures you use and what planes are being replaced airlines are getting up to 27% savings on fuel, however up to 20% cost saving seems to be about the average on a per passenger basis.
The article is about the 787-8 and from what I hear the results from the 787-9 are slightly better. The reliability issues seem to be mostly fixed so Air New Zealand should be happy with the 787-9.
AirNZ have 10 787s on order and 10 options. I'm picking that they will take up all those options to replace the 777-200 aircraft by 2020 - there was some AirNZ advice a while back that the 777-200 were still good until about 2020.
http://www.flightglobal.com/news/art...orming-405814/