< link rel="DCTERMS.isreplacedby" href="http://sirhumphreys.com" > Sir Humphrey's: He Makes A Good Point

SIR HUMPHREY'S BLOG

SITE MOVED:Sir Humphrey's has moved

Please join us at our new site: www.sirhumphreys.com.

The RSS feed for sirhumphreys.com is now here.

Monday, November 14, 2005

He Makes A Good Point

Is Air New Zealand really closing down a profitable business?

More importantly, do I really want to fly with an airline whach has all it's major maintanemce done in a country which allows 20,000 coal miners a year to die in the name of profit? (Elsewhere I read mainland China is the most likely bidder)

ANZES is adding value to share holders. The order book is full until September 2006. Why is management jumping at shadows?

If there is a restructure required, let's get on with it, but don't shut down a viable business.


Maybe the major shareholder whould be right in there asking somevery tough questions of the Board. Let's face it, they've had plenty of practice at TVNZ.
ยท Linked Article

Posted by Adolf Fiinkensein | 11/14/2005 07:44:00 AM

3 Comments:

Blogger Ross Browne said...

Doesn't Air NZ still own Safe Air in Blenheim as well as the Auckland operation??

11/14/2005 09:57:00 AM  
Blogger gd said...

Something doesnt quite smell right with his Air NZ thing.Methinks an independent audit may be needed to sort it out.It wouldnt be the first time management had told porkies to the directors.Cheapest aint necessarily best when it comes to keeping a silver budgie up in the air.

11/14/2005 03:39:00 PM  
Blogger Antarctic Lemur said...

I thought the Engineering division at Chch was considered one of the best on the Pacific rim.

11/15/2005 12:12:00 PM  

Post a Comment

<< Home