May be "the nature of the beast."
1678.J.Ray's Collection of English Proverbs.
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Not hatred PT / Percy, just objectiveness and a sense that developments this week were anything but positive.
On a much needed positive note I see AIR are expanding to daily flights to Housten in the summer of 2016/7 to meet peak seasonal demand.
To ensure I remain objective and balanced I shall try and squeeze in some viewing time when out at Auckland airport tomorrow to watch a few of my planes take off and land.
Disc - Still holding a modest long position.
Not "May be the nature of the beast" but
'May be "the nature of the beast" ' may be?
It is Houston my dear boy, Houston
I looked at her gleaming body,
lit by the last light of the day,
then with a roar like thunder, my divvie flew away.
Best Wishes
Paper Tiger
So looks like AIR looking to sell holding in VAH. I'm picking this is good news for AIR shareprice, we'll see I guess
This is an interesting development:
Air New Zealand reviews its financial investment in Virgin
https://www.nzx.com/companies/AIR/announcements/280020
Nice volume to kick things off. I'm glad I didn't sell on the back of the loan announcement.
It's all a bit confusing. A few days ago AIR is lending money to prop VAH up. Now they are looking at pulling out of their shareholding and Luxon immediately removes himself from the board. Did they have fisticuffs at the cocktail party or something? Seems quite strange given how close together both of these events are.
It will be interesting to see what price VAH opens at after the trading halt. It might give an indication of what Air NZ may get for their holding in VAH, surely they won't get the current market price for it?