And you can't really blame them... Thanks partly to NZX for enforcing a migration on the lazy birds ...
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And you can't really blame them... Thanks partly to NZX for enforcing a migration on the lazy birds ...
THE position of forward bookings five weeks ahead have the planes 50 % full in the past
it stood at about 60 - 65% and flying at about 71% so forward bookings is a worry
so if you intend to fly at lease you have the pick of the SEATS..
AirNZ have been finding their forward bookings are down but the load factor achieved is actually respectable - the difference is that people are waiting until later to finalise their travel arrangements.
The load factor is reasonable, but I am told the discounting has put huge pressure on their margins. What about their fuel hedging, hows that affecting them with oil prices at these levels? Anyone know the fuel hedging position?
Still high, hedges are due to run out within 6 months I believe (don't quote me though) :P
The high hedges are mitigated slightly by the reduction in capacity, particularly long haul.
Great attitude from this company, pity about the numbers...
When is the record date for the 3 cps divi? -- it wasn't given in the report. cheers.
IF a stock is at an all-time low dose that make it a BUY well it is cheep getting assets
for next to nothing and its making a profit the times have changed on the NZX years
ago people have rushed in where did you GO wrong NEW ZEALAND..