Was a bit of sarcasm, whoops.
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Xerof, Last time I flew Jethole I couldn't walk afterwards because of the pain in my knee joints after having my knees rammed against the seats in front so hard...that's the real world for you mate for anyone 6ft flying in their old crappy A320's with coffin like 29 inch seat pitch. That and their Chinese pilot had to do a go around because he couldn't land at first attempt at Chch 's long international airstrip on a fine perfectly still day. You pay peanuts and you get monkeys. He blamed ATC but I reckon he simply ****ed it up.
You couldn't pay me to fly on one of their planes and land at Queenstown on a cloudy day :eek2:
Did you really expect to see love for Jetcrap on this thread ?
Plane Talking
‘Propstar’ confirmed: Five Jetstar Q300s for NZ regional flights
Australian Aviation
Jetstar plans shakeup of regional NZ aviation
I recently flew CHC->AKL on Jetstar and then back on Air NZ. I'm 6' 1" and there was no difference in comfort. Flown with Jetstar quite a lot, and probably prefer them on shorter flights as they leave on time and usually arrive early.
Also never had a problem with Chinese pilots.
Have always found Jetstar's staff to be perfectly friendly as well.
Translation is clear. They couldn't sell these crappy old run down planes so seeing as they have no residual value lets hire some cheap Chinese pilots and cabin crew desperate to start in the industry on really low wages and run them on AIR's domestic route with zero service and miniscule seats...those Kiwi's are so dumb they'll never notice the difference in standard....or will they ?
I think in a months time all this will take backseat when results are due to be out and real valuations come out. In the meantime, it'll be bit bumpy just like the unpredictable weather, so buckle up and stay tight....
Jeez, price down 21% from a recent high. That's a crash, and I didn't even buy.
Good news though, getting back to 302 gives a 26% gain .....plus a divie? .....good eh
I guess the textbook will come out again..flick to Market Defence Strategies against new Competitors and up pops the successfully used strategy...Create a low cost airline company(s) using the existing equipment (synergy advantage) to aggressively compete head on and underprice with the intention to drive out the invaders .....Once the invaders are gone the usually lost making airline is mothballed or ceases to exist and the business reverts to its high margin parent operations
The big threat last time was Kiwi Airlines and in 1995 Air NZ created the low cost airline company called Freedom Air and eventually bankrupted the opposition.. FreedomAir creased to exist in 2008 and custom returned to the high margin Air NZ parent
If this defense strategy is rolled out again, then investors should expect the AirNZ parent to lose some of its domestic & transtasman market share to its created low margin company(s) group