Only interim but methinks AIR a little concerned
http://www.smh.com.au/business/aviat...0150709-gi89pe
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Only interim but methinks AIR a little concerned
http://www.smh.com.au/business/aviat...0150709-gi89pe
Retesting the 200DMA again after smashing down thru the 60DMA on re 8th june. Must be a fair few punters underwater atp following enthusiastic buy raves . Hopefully AIR picks up again leading to the Dividend but competition for the skies AIR flies is increasing.
I hear they are going to do some body paint adds again and use really sexy women so we're all good :D
If last night's flight from Hong Kong is anything to go by biz is pretty good for AIR.
Flew back from Honkers to Auckland on NZ 80. Applied to upgrade from Prem Economy to Business but not an empty seat on the plane in any of the cabins.
Oil down on Iran. There was a little argument on the forum
whether oil price affected AIR- see what happens tomorrow.
I guess short term isn't an a definitive answer. Good day for AIR tomorrow I imagine though.
Nice to hear. I think people are getting a little over negative about the increased competition. Fact is AIR are also expanding and have a modern fuel efficient fleet and are now enjoying very low, (mostly unhedged), oil prices while contemporaneously enjoying some very favourable foreign exchange hedging. Forward PE of less than 7 and people can look forward to their 75th anniversary final fully imputed dividend in a couple of months. Happy holder and self confessed aviation enthusiast.
Funny to think that the 787-9 puts Tehran in range from Auckland.
Thanks pierre for posting your positive experience.
And you are right nzspeak. Hope its AIR day today on the market. QAN has been flying through on ASX over the aps few days.
Agree with you Roger, the market seem to hung up on negative news around competition. Am sure with top quality management (Luxon and co) they would've plans to combat and grow.