Yes, this trading to make a decent return on AIR shares is rather high maintenance.
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https://nzx.com/companies/AIR/announcements/279344
Impressive numbers...
Jetstar Regional doesn't seem to be having an adverse effect on Air NZ domestic passenger numbers...
And where's Hosking's big announcement? I doubt we will see any big announcement today...
Yep, happy with that.
Hi Roger , think I asked something similar before , but passenger numbers up and RPK up . However the bottom line when it says "Group-wide yields for the financial year to date were down 0.7% on the same period last year. Short Haul yields were down 0.2% while Long Haul yields were up 2.1%. Removing the impact of foreign exchange, Group-wide yields were down 4.7%."
How does this translate to real cash with a group yield down 4.7 % Are they making more or less $$$$$ than last year ?
Unless it was this......
Air New Zealand opens new Brisbane lounge
A new Koru Club lounge opens today at Brisbane International Airport as part of Air New Zealand's $100 million lounge network development. The new 771sq m facility caters for nearly 200 passengers customers with 70% more seating. It wraps around the corner of the terminal and features high ceilings, large windows and views back to Brisbane city and into the lower terminal. Spaces in the new lounge include a cafe area with a self-service food buffet and beverage station, a children's play area and family space, quiet nooks, business table and bathroom facilities. It will also be available for Virgin Australia Velocity customers, other Star Alliance member airlines and business class travellers on Etihad.
No that's fine .For a simple guy I just need it in simple terms.
Seems like they have the cheque book out ... For your services to AIR NZ Roger I hope you get an invite to the event when they uncork some of these quality vintages ....
http://www.stuff.co.nz/business/7792...emier-red-wine
Fantastic...so they have expended million of dollars of shareholders money on a fleet of electric vehicles when the economics of same have never looked worse...and they save in a whole year what amounts to half a tank of fuel into one Dreamliner for one flight. Sorry Mr Luxon but I am most underwhelmed. You should have paid that money out as a better interim dividend.
I suppose the counter argument is AIR are showing sustainability leadership, are perceived to be a good corporate citizen and its very good for public relations, staff morale and the companies image generally. I suppose in the context of a company with turnover looking to grow to $5.5 billion the positive effects outlined in the counter argument have some chance of being of rational economic sense.
Might make for a good discussion point at the next annual meeting.
Yes, that's an underwhelming "big" announcement
Was hoping for something exciting like "we are keeping the 767s around for longer" or "we are announcing AKL- Hobart/Taipei/Manila" or "We are moving to an all ATR fleet for regional operations"
Fantastic responsibility taken though re climate change ; leading for others to follow; full marks.
not really though? All they are doing is giving that perception that they are doing something about climate change.
They save half a tank of dreamliner fuel..this is nothing compared to the the fuel the planes use and emit.
BMW's even??? I'm trying to think about how the sales team needs these vehicles and how they use them --- no idea? Does the sales team go around to corporate clients?