I see this as a win-win scenario for the airlines, the airports and the customers. Both Air NZ and Qantas gain more from growing traffic on the Tasman into their domestic networks.
I think they're obviously trying to cherry pick where there's a gap in the market and use that going forward to gradually roll out other products.
It's been a good period for them with a continuation of steady growth in revenue and operating profit.
The pressure for constantly lower air fares threatens to undo any good work they may make in the cost-cutting arena.
They are looking to strip out $250m in costs, and the question is how much of the cost-cutting drops to the bottom line, and how much they lose along the way.
We're in an environment where share prices are trading ahead of valuations.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.