Originally Posted by
workingdad
Well the AIR share price sure is performing well, glad I kept half the shares I had when we sold some to purchase a car.
The thread is usually quieter while the SP is performing well - not unlike some others I guess but congrats to those that had the bottle to buy in when in the 1.70 range, hard to imagine a better performing stock over the last few months including divvy some great gains.
The stats are great and above expectations of the terrible decline some were predicting. It doesn't have to be a record year to be a solid investment and I have said this a few times, they are in the business of flying people around, immigration and tourism are the highest ever and most of AIRs profit is domestic.
Jetstar may have cheaper prices percy but one has to ask, if they are so good why are they still having to discount so heavily to fill their planes? They have been in the NZ market for a while now and not really performing that well, I have flown them on occasion when required and have had mixed experiences like many others. AIR is not perfect but its a well managed airline with considerably less issues and better service than its competitors and that's the general public talking not just shareholders.
Each to their own, happy holder, happy Koru member and no regrets cashing some in last month.