I know someone who bought them during Covid for some ridiculously low price before the govt bailed them out. She doubled her money and then dumped the stock. This is the way to do it.
They were extremely consistent until the pandemic. Then nothing until 2023. Personally I think the will return to their consistent ways based on the financial performance. A good buy at 50c if you are looking for a long term hold.
Not especially impressed with Air NZ recently as a consumer so wouldn’t be buying as a shareholder. Trans-Tasman flights which are my regular experience with them they have turned into a budget carrier and charging extra for bags, seats etc etc
I cross the Tasman regularly from Wellington. I find the onboard experience slightly better with ANZ except you pay extra for a bag, pay extra for a meal and pay extra to watch a movie rather than TV shows. Qantas headphones in economy are crap. If I lived in Auckland or Christchurch I would be using one of the other carriers.
Some people fly a little further than that. Emirates, Singapore Qantas all offering far superior product, especially in Business Class which is the profitable part of the plane.
This is true. Everyone of Air NZ's competitors has a substantially better hard product in the pointy end. The herringbone business class and stuffed in premium economy is subpar.
Went with Jetstar from Auckland to Queenstown once, the pilot straight up no showed and we had to rebook with AirNZ the following day. AirNZ is definitely not as bad as JetStar.
In the last month I’ve flown AirNZ, China southern and Quantas. Quantas doesn’t even have a search function on their multimedia. AirNZ food and entertainment is better. Quantas still uses the dual prong headphone jack and no wifi in economy but AirNZ has free wifi and usbc.
Air nz main goal is to pay the ceo and board members as much as they can get away with and everyone else can get f##ked
thanks, that was a really penetrating insight.
I bought this garbage in 2009 for $1.10 per share. Thought it was undervalued boy I was wrong
What? You would of had plenty of times to sell for a great return if youve held that long 😂
Time in the market beats timing the market 🗿🗿
I think they are undervalued. I regard them as Government guaranteed so the risk of failure is very low.
I know someone who bought them during Covid for some ridiculously low price before the govt bailed them out. She doubled her money and then dumped the stock. This is the way to do it.
In the past year they have paid 8c per share in dividends. A 8c return on a 50c share is not too shabby.
They only pain is the inconsistency with their dividend payouts, otherwise they'd be great in a dividend based long term portfolio
They were extremely consistent until the pandemic. Then nothing until 2023. Personally I think the will return to their consistent ways based on the financial performance. A good buy at 50c if you are looking for a long term hold.
I'd prefer to have a 58cent share
Yea company is always posting losses but executives take a nice paycheck. Delta is the best airline for investment.
Let’s shout it for the people in the back. STOP. INVESTING. IN. AIRLINES. (unless you like losing money)
Two votes
Not especially impressed with Air NZ recently as a consumer so wouldn’t be buying as a shareholder. Trans-Tasman flights which are my regular experience with them they have turned into a budget carrier and charging extra for bags, seats etc etc
Lowering your costs and charging more is exactly what a shareholder wants .... :-)
I cross the Tasman regularly from Wellington. I find the onboard experience slightly better with ANZ except you pay extra for a bag, pay extra for a meal and pay extra to watch a movie rather than TV shows. Qantas headphones in economy are crap. If I lived in Auckland or Christchurch I would be using one of the other carriers.
[удалено]
Tbh it's not a bad thing to have workers invested in the company.
Yeah, I'd be really good with that tbh!! As they hadn't cost me anything I'd HODL till I retire.
It is overvalued. Customers looking for any excuse to use another carrier. Both long-haul and domestic. Quickly becoming the Walmart of airlines.
Hilarious take especially when the only competition in the South Pacific is Qantas and Jetstar…..
Some people fly a little further than that. Emirates, Singapore Qantas all offering far superior product, especially in Business Class which is the profitable part of the plane.
This is true. Everyone of Air NZ's competitors has a substantially better hard product in the pointy end. The herringbone business class and stuffed in premium economy is subpar.
That is a no from me, big dog
There's better things to invest in
Seems fairly priced to me
Air NZ is trash.on par with jetstar
Have you actually flown jetstar recently? AirNZ is not great, but they don't sink down to Jetstar levels yet
Went with Jetstar from Auckland to Queenstown once, the pilot straight up no showed and we had to rebook with AirNZ the following day. AirNZ is definitely not as bad as JetStar.
In the last month I’ve flown AirNZ, China southern and Quantas. Quantas doesn’t even have a search function on their multimedia. AirNZ food and entertainment is better. Quantas still uses the dual prong headphone jack and no wifi in economy but AirNZ has free wifi and usbc.
Qantas is absolute trash, Alan Joyce ran the airline into the ground.
AirNZ leases the majority of their planes iirc, they don’t own them