lol Roger, you must be very proud of be one of many owners of Air New Zealand.
Printable View
Diversity always there at the bottom end of the pecking order
AIR Board sort of OK with 2 females out of 7 but seems to lack a bit on the ethnicity side.
You could easily fix that eh bro, appoint that young Maori woman and young Chinese man to the board and then we could have the annual report printed in Maori and Mandarin followed by English translation and we'd all be sweet....until some Russian immigrant started complaining :D
Yes master, I'm a proud Air New Zealander...must be time to buy some more...after all if that stupid looking red kangaroo can fly that high then...
P.S. Anyone else notice the oil price in overnight trading on Wall St ?
http://www.cnbc.com/2015/08/02/us-cr...le-supply.html Brent down a whopping $2.80 !!
Yup! Was going to post that. How low can it go?Quote:
P.S. Anyone else notice the oil price in overnight trading on Wall St ?
http://www.cnbc.com/2015/08/02/us-cr...le-supply.html Brent down a whopping $2.80 !!
Iran have a huge stockpile of oil that could flood the market and put further downward pressures of pricing. This may trigger other oil producing nations to decrease production, but thus far major price decreases don't seem to have made any difference to production rates.
$10 barrel http://money.cnn.com/1998/11/30/economy/oilprices/
I remember it fondly. Oil did in fact get to $9 at one point and diesel was 42 cents a litre. Jet A1 probably in the 20 something cents a litre range at that stage with AIR's vast millions of litres volume.
I reckon AIR should build their own strategic petroleum reserve if it ever gets that low again :) But seriously it must be tempting to lock in a long way forward at these prices but I know they have tight disciplines around forward cover so in reality these are unlikely to change...they don't want to be oil price speculators but back themselves to adapt to changing market conditions so the story goes straight from the horses mouth at last year's ASM.
Recovered all of lost ground from this morning, some nervous nellies I think.
Flew into Tokyo yesterday.. Air NZ. It was less than half full.
Do not want too many of those flights to stay profitable ..
Check in was brilliant though..
A great system, very fast..
seems like AIR not yet announce annual result date, or do I miss the announcement? thanks in advance.