Yes, I was surprised to discover that Fiji has two International Airports !
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Paper Tiger
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The s/p doesn't signal strong confidence atp and other brokers have t/p's from $2.80 to $3.03. Anyone got other broker reports?Time will tell re if are they "usually" right or" seldom".Craigs have re 7 Airline stocks ahead of AIR in target prices atm.With oil prices staying low , it certainly helps. Not a high conviction stock for me atp but holding with a good margin of safety atm , price purchasewise.Then theres things like terrorism alerts to worry about, unfortunately.
I'm not 100% convinced that AIR has had to offer anything to Amex to make this offer available, as they have a similar offer available in Australia on VAH (Virgin) and QAN cards (actually a better offer - 50,000 Velocity points is enough for a return Business class reward seat from BNE to MEL, and you actually get 80,000 points with a referral)
A couple of good examples of this below.Announcements coming thick and fast.AIR be nimble AIR be quick.
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The 787-9 is destined to take over the AKL-HNL sector from May 2016. That'll be a welcome change from the 767, allowing higher margin Bus/PE and Skycouch product to be used.
http://www.stuff.co.nz/travel/news/7...honolulu-route
This from a retired fund manager might help, skid
"I see FLT as an intermediary between airlines and their customers, and the only intermediary that has the sort of brand resonance and scale that makes it indispensable to the optimal financial operation of airlines.
FLT’s commercial moat lies in it being the best by far in what I call the “business of catching marginal bums”.
No one other organisation can deliver the marginal bums-on-seats that are critically-important to, and the most profitable ones for, airlines, like FLT can with its scale and brand presence."
Not a single one of Rog's valued AIR shares changed hands and its nearly lunch time