Baabaa - Come to any conclusions?
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AIR management said in their investor day briefing a while back they expect yields to normalise in FY18. Airlines can't keep selling return fares to Honk Kong and LA for $999, its not sustainable over the long run.
Don't get too worried about short term specials affecting average yield...these things have a way of averaging themselves out over time...besides that fuel is dirt cheap at present.
That said I do think people need to look through the forthcoming final / special divvy and understand there's a new competitive landscape. Having too many eggs in one basket doesn't make sense to me but each to their own.
AIR sp creeping up again. See what happens at end of day with the down pushers. Or have they finished? Wouldn't mind getting a few more, can't think of anything else better to buy at the moment:confused:.
Today heading to be that watershed day after all -220 plus
Model not working. The flux capacitor helped it so must have been that econometric stuff i added (too much data mining possibly)
Back to the drawing board i fear
http://i7.photobucket.com/albums/y26...-NZX-AIR-2.png
Spot the bargains!
Best Wishes
Paper Tiger
Crikey cobbers Virgin(Underarm Bowlers Division) has thrown a sickie.
Sydney Morning Herald;
"Virgin Australia posts $225 million loss as restructuring costs bite."
http://www.smh.com.au/business/aviat...28-gqfgzj.html
Boop boop de do
Marilyn
Steep down trend line broken to the upside, short term rising trend line remains in force. Overhead resistance range $2.25 - $2.31. Low volume, minnows in charge of proceedings today but thin buy support above 2.15 and plenty of sellers above 2.20. Sure is interesting.
Very surprised your Etihad people can't see this mis-managed pup for what it is. Must be an abundance of surplus petro dollars sloshing around for sand airlines even with the low oil price !
If Virgin can't make decent money with the most favourable tailwinds in 50 years of aviation when can they ? Congrats to Chris Luxon for being the only one with the gonads to call Borghetti out as being inept. Even better he basically said he goes or we go. Mark of a good leader he had the courage to ostensibly extricate AIR from this hideous mess. Just a tiny 2.5% shareholding to sell and Ansett MK2 will be done and dusted with far less damage than last time round.