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Re: [sharechat] Air New Zealand - a comparison


From: "Jeremy" <jeremy@electrosilk.net>
Date: Mon, 1 Oct 2001 12:41:54 +0800


> Air New Zealand...again!
> Comments welcome.

I'm not going to address your point about executive responsibility, just
that it struck me that with all the closures there will be a lot of aircraft
becoming available on the international market, plus a drop in demand for
avgas, plus a surplus of aircrew and cabin crew.

You will see a drop in aircraft leasing costs, a drop in avgas prices and a
drop in the cost of hiring aircrew (or at least a very good reason why you
shouldn't pay the next payrise)

Whilst I am a totally biased Qantas shareholder, I still think that the
future for soundly run airlines with a bit of cash is looking very good
indeed.

Jeremy



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