Christchurch will weigh on AIR considerably more than Japan.
The lead time to change schedules, airframes etc to meet changing demand is substantial. If you can see 10 empty seats on a flight, given the way all airlines price these days, then that flight is losing money.
I dont follow point 2. The fuel hedge will be fully costed in I would have thought.
Now, can I please have some light shed on the TA approach to a shareprice that has gone through the long term lower channel. Are there TA points that AIR will now test? Or do you give ity over to the FAs to find a new floor?