Actually a good time to buy UK assets, thats what the smart money is doing. A little time yet to buy into AIR b4 dividends declared.
Printable View
The Canadian Government protects its own airlines with an eager intensity. Cullen Airlines application for on flight rights have probably been already shredded or are quietly fossilising in some clerks in-tray in an Ottawa basement.
Canadians near the border often begin flights from US airports to take advantage of more competitive fares.
Boop boop de do
Marilyn
AC is a *A member along with NZ, with this being a similar situation to UA re-entering the NZ market alongside NZ with a codeshare agreement; both parties can benefit. YVR (as you point out) is not as well served on an international basis as SEA, so it is a potential win for all parties.
http://m.nzherald.co.nz/business/new...ectid=11664061
Brexit and airline stocks....
I made my first investment in Air NZ today. Even if the stock does go down a little bit more over the next couple of days, I'm still happy with my entry point.
I would be doing the same if I wasn't already in the red with AIR. There's been good resistance at the 2.02 mark and if that holds while the Brexit situation plays out then I might have some regrets but for the moment I feel a bit more comfortable given the international markets but continually reassessing.
Are you talking about the pound or British assets--If they are posed to buy ,then they are waiting--Its just my opinion,but I cant imagine why any one would jump in at this stage with out a confirmation that the tide has turned--Cheap can become expensive at the drop of a hat.
That is true with AIR as well as we have all seen--Wait till those afternoon traders kick in today from other countries.
Guess we are on opposite sides of the equation--I actually felt lucky I got out when i did--time will tell. This didnt seem like the time to play the odds.--I look around and think ''now what out there is going to make the SP go up,and what might make it drop--there seemed to be more reasons in the latter box(by my reasoning) I think it will be the bigger markets that decide though--No one will take the lead from NZ...maybe China or the first European markets.