This is being led from across the ditch - I'd dare say the possible worst was fully cooked into the sell off - like holding a balloon underwater - latest update was showing improved bums on seats - oil isn't going to $100 - Air New Zealand keeps getting awarded best Airline in Australasia - they have over $1.5Billion in cash - their fleet modernisation is ahead of the pack - jetstar only provides a "budget" product to the NZ domestic market - NZD if it falls further suits AIZ better then its competitors as it does not need to FX what it charges in the local market - its well hedged for 3/4 of 2017....
The NZ government is not going to shoot its cash cow - it owns 53%
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